Latest / The Julia La Roche Show
#276 Bill Fleckenstein: We've Gone Past The Point Of No Return, Only An Epic Crisis Can Fix
Bill Fleckenstein, founder and president of Fleckenstein Capital, returns to The Julia La Roche Show for episode 276 where he provides an assessment of America's financial predicament, arguing that 30 years of Federal Reserve easy money policies have created damage to the economy and society. He explains how the Treasury is attempting to manage the $36 trillion debt crisis by rolling financing to the short end of the curve while allowing banks to increase leverage ratios, creating demand for government bonds. Fleckenstein believes market analysis no longer applies due to the dominance of…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.