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David Malpass Preaches the Benefits of Stable Money

By on October 17, 2009

David Malpass, Encima Global, was on CNBC commenting on the disastrous weak dollar policy of the U. S. Government and Fed. Malpass said a weak dollar would eventually destroy living standards in the U. S.

Malpass also mentioned the “barbell trade” in which investors were buying bonds and gold to protect against both deflation and inflation. Malpass indicated that investor fears about prices resulted in a misallocation of resources.

2 Comments

  1. Anonymous

    October 17, 2009 at 2:47 pm

    CBS is a sell! No earnings all debt!

    Reply

  2. stocksystm

    October 17, 2009 at 2:51 pm

    Thanks for the comment. I'll take that into advisement.

    Reply

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