Great Interview with Micheal Pento on Economy (USA Watchdog)

Fantastic summary of the trap our economy has become with a clear explanation for why the Federal Reserve has intervened in the overnight inter-bank lending market (to influence the Overnight Repo Rate).

Fed Kills the Economy – Michael Pento | Greg Hunter’s USAWatchdog

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

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