Stockman: The Fed’s Unleashed “Speculation and Malinvestment On a Biblical Scale”
The comments below are an edited and abridged synopsis of an article by International Man
Doug Casey interviews David Stockman at a time when massive riots have broken out in many cities across the US. Yet despite the unrest—and the economic damage from the shutdowns—the stock market continues to rally.
![Stockman: The Feds Unleashed Speculation and Malinvestment On a Biblical Scale | BullionBuzz](https://i0.wp.com/bmg-group.com/wp-content/uploads/2020/06/feds-unleashed-speculation-and-malinvestment.jpg?resize=300%2C200&ssl=1)
Concept of revolution or protest.
Stockman discusses the Fed’s unleashing of the greatest torrent of liquidity ever finding its way into risk assets; how the riots and shutdowns will affect Main Street; and how the attitudes of the Republican and Democratic governors are likely to affect the presidential election.