Bernanke doesn’t understand risks of QE2, says Taleb

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Nassim Taleb, New York University professor and author of “The Black Swan: The Impact of the Highly Improbable“, discusses the Federal Reserve’s decision to initiate another round of quantitative easing. He also talks about his new book “The Bed of Procrustes: Philosophical and Practical Aphorisms”.

Also read  the thoughtful article by Paul Sandison entitled “The Time is Overdue for the US to Sober Up on Spending and Industrial Policy”.

Source: Bloomberg (via YouTube), November 12, 2010.

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