The Alchemists - Interview w/ Neil Irwin
April 11, 2013 at 2:49 PM (QQQ)(DIA)(SPY)(GLD)
On today's broadcast we talk with author, Washington Post columnist and economics editor of the Wonkblog - Neil Irwin, about his new book "The Alchemists - Three Central Bankers and A World On Fire".
Neil's book takes a look at arguably the most powerful men and women alive today - Central Bankers. He moves from the history of money to the transparency, or lack thereof, of our own Federal Reserve System. During the interview we discuss a variety of topics surrounding loose monetary policy from today's QE Infinity, all the way back to the Creature from Jekyll Island.
Our guest agrees Fed Chariman Ben Bernanke has indeed lived up to the name "Helicopter Ben", but does not completely disagree with his monetray policy. In fact, Neil believes the Great Depression might very well have been avoided if there had been a mechanism in place to prevent banks from failing.
Whether you agree or disagree, Neil provides a compelling look at the men and women behind the curtain. A world of closed doors, secret meetings and things that get bumped in the night. So as the printing presses continue to roll and Europe goes broke, grab a copy of The Alchemists and let us know what you think. Use the comment box below or email us - comments@cfrn.net .
(On the record- Our co-hosts attempt to borrow $50 from Neil was not sanctioned by CFRN or its management. It was however... funny. Especially the part where Neil thought he was joking.)
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