Paul McCulley on Fed policy and “liquidity trap”

 EmailPrint This Post Print This Post

A long-haired and bearded Paul McCulley, former PIMCO portfolio manager and now managing director of the Global Interdependence Center, discusses coordination between U.S. monetary and fiscal policy. He says we need to accept that we are in a “liquidity trap” that requires “a whole different set of economic policies”.

Part 1:

Source: CNBC, January 11, 2012.

Part 2:

Source: CNBC, January 11, 2012.

Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.



OverSeas Radio Network

1 comment to Paul McCulley on Fed policy and “liquidity trap”

  • hugh.brist

    Wow, is McCulley going off the reservation? He is always clear minded but something has changed wildly. Appearance matters for those in the public eye. From the buttoned down halls of PIMCO to adopting a rock star look as a strategist will not inspire longevity and confidence.

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>




Top 100 Financial Blogs

Recent Posts

Charts & Indexes

Gold Price (US$)

Don Coxe’s Weekly Webcast

Podcast – Dow Jones

One minute - every hour - weekdays
(requires Windows Media Player)
newsflashr network
National Debt Clock

Calendar of Posts

January 2012
« Dec Feb »

Feed the Bull