Kyle Bass - With John Mauldin Brief Video Interview
Anytime Hayman Capital’s Kyle Bass has something to say we make time to listen. In this must watch video interview with John Mauldin, Bass does not disappoint. A couple of quotes to whet the appetite:
“The brotherhood of central bankers is the biggest mutual admiration society in the world.”
“The bottom line is when the globe is at 360 percent credit market debt to GDP and there is no real way out … and as we see today the winds of austerity have already blown … we are already moving back into a more ‘Krugmanesque policy’ of “let’s just keep going…”
”No central bank can have it an an outward policy to devalue their currency. It may be a second or third derivative of another policy they are engaging in to ‘encourage price stability and inflation’…”
Video below, about 5 minnutes. Do not miss it.
Source: Mauldin Economics via YouTube
Source: http://www.gotgoldreport.com/2014/07/kyle-bass-with-john-mauldin-brief-video-interview-.html
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