Econintersect: David Stockman, former U.S. Congressman (R-MI, 1977-1981) and President Reagan’s Director of the Office Of Mangement and Budget (1981-1985), delivers a stinging criticism of the current conflation of capital markets, government and the Federal Reserve. This Documentary of the Week was presented in September 2012 to the Mises Circle in New York City. Lew Rockwell gives the introduction for Stockman’s 30 minute presentation.
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Hat tip to John O’Donnell.