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MacroVoices #311 Jim Bianco: Has the Fed Signaled a Policy Error?

Macro Voices

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Is There a Disparity Between Retail Investors and Institutional Investors?

Jim Boulden: I agree that this whole world is going to open up something. But over the next generation, in a generation, how we invest and how we ah think about the way that we raise money will be completely different than it is now. What we're talking about is a whole new financial system to meet the needs of the digital age. And i contend there's much better ways to design consumer credit,. commercial credit, every thing else. You don't have to have this crazy, broken system that we've had for 500 years. There is a better way.

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