Superinvestors and the Art of Worldly Wisdom cover image

#33: Bill Fleckenstein On Profiting From Central Bank Mistakes

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Consequences of the Fed's Economic Expansion

The Fed has basically penalized you so aggressively for being prudent that they stomped it out of the people's behavior. So anyway, they created the landscape such that when this virus hit and basically, you know, created an instantaneous depression,. People came into it as unprepared as they possibly could be. And I'm not going to pick on anyone specifically, but generally they're incompetent.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner