Well known financial thought leader and Editor and publisher of Grant's Interest Rate Observer was on Consuelo Mack Wealthtrack to discuss US Fed's policy of Zero interest rates, monetary policy of quantitative easing in terms of purchases of US Treasuries and mortgage backed bonds. He said massive liquidity thrown by US Federal reserve in the market is very dangerous to the economy and very bad for savers.
Credit and Source: www.wealthtrack.com, Consuelo Mack Wealthtrack
Here is the video:
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I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne
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