David Stockman on MSNBC

Here is a great David Stockman interview on MSNBC's Dylan Ratigan, explaining the seriousness of our fed-controlled descent into serfdom. A well articulated summation from a man who knows all too well of the Federal Reserve's propaganda/ market manipulations, monetary bubbles, and sociopathic economic policies. It is always fascinating when the MSM actually puts an informed economic individual on air - American consciousness is shifting...

Here are a couple of quotes: "We have had a Fed engineered serial bubble, that has created the appearance of wealth, that has caused people to consume beyond their means through borrowing, and that has flushed the income and wealth of our society up to the top, as a result of the Fed turning the financial markets into a casino. These are pure casinos, they are not capital markets, they are not adding to the productive capacity of our economy, they simply are a bunch of robots trading with each other by the millisecond as a result of the Fed giving them zero cost overnight money, and giving them all kinds of hand signals on what to front-run." and later.."The Fed is destroying prosperity by funding demand that we can't support with earnings and productions, causing massive current accounts deficits and the flow of funds overseas and the build up in China, OPEC and Korea of massive dollar reserves which is a totally unsustainable, unsupportable system, and we are coming near the edge of where that can continue to remain stable."

Full Clip:

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