ZeroHedge – “There Is No Honest Pricing Left” – The Epochal Error Of Modern Central Banking – 6 july 2014

ZeroHedgeSubmitted by David Stockman of Contra Corner blog,

David Stockman, Director of the Office of Management and Budget under Reagan, former Congressman, and author of the bestseller The Great Deformation: The Corruption of Capitalism in Americadiscusses his book, the gold standard, bailouts, and the problems the American economy faces today.

Mises Institute: In the book, you oppose Bernanke’s view of the Great Depression, which you point out relies heavily on the views of Milton Friedman.

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