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Economist Shiller: Historic low interest rates can't last

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Uploaded by on Oct 25, 2011

Oct. 25 - Yale economist and co-founder of the Case/Shiller Housing Index Robert Shiller discusses the report and the health of the U.S. housing sector.

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  • fed's promise is almost meaningless. they can always say "situation changed and we have to change policy". it would be naive to depend on what the fed says.

  • shiller can kiss my ass. the feds said they would leave IR at zero for at least 2 mo years. no stabilizing for years to come.

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