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Podcast: The Julia La Roche Show
Episode: #160 Bill Fleckenstein: The Fed Is Trapped And Unable To Fight Inflation
Description: Bill Fleckenstein, president and founder of Fleckenstein Capital, discusses the macro view of the world and the impact of the Federal Reserve's monetary policies.Â
He criticizes the Fed for its incompetence and reckless policies that have led to the creation of two huge bubbles and misallocated capital.Â
Fleckenstein also highlights the power of the passive bid in distorting the market and the importance of understanding its effects. He believes that the stock market has become a lagging indicator and that the Fed is trapped and unable to fight inflation.Â
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