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Forbes John Mauldin Interview

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Uploaded by on Jan 30, 2011

Forbes John Mauldin Interview

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News & Politics

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Standard YouTube License

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  • Can he afford a new suit? Every video on here he's in the same grey suit and black shirt.

  • Explain money printing? The Federal reserve system creates reserves to the banks who then lend money into creation. The Fed does not print money. The fractional reserve system lends money into creation. No lending and you have a contraction of the money supply. Fed printing money is a fallacy. Without a loan to create the money, there is no money printing. The bond market restrains the Fed.

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