3min chapter

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#33: Bill Fleckenstein On Profiting From Central Bank Mistakes

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Central Bank Mistakes Leading Up to Today

Sally Kohn: It seems like the Fed is kind of stuck just aiding and abetting these policies no matter what they are. She says politicians have been trained that nothing really matters from a fiscal or monetary standpoint. So they're all going to push for the government to do more and more, she says. But again, I mean, the real danger to them is what happens next on the economy,.Kohn: Some places they'll be very slow to open up and they're going to do tremendous damage.

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