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Date: June 19, 2013

Pre Fed Chatter

As expected, here was the usual spirited discussion I had on CNBC’s Squawk Box before the Fed meeting. I firmly believe that when the Fed reduces the amount of money printing, that is a form of stimulus reduction and interest rates increase. With the Fed Funds rate at essentially 0%, Bernanke used money printing as another tool to effectively have negative rates.

http://www.cnbc.com/id/100823745

Author:

Paul Schatz, President, Heritage Capital