Wall St For Main St

Jason Burack of Wall St for Main st had on returning guest, Mike "Mish" Shedlock http://globaleconomicanalysis.blogspo.... Mish is a registered investment advisor representative for Sitka Pacific Capital Management and he has one of the top and most popular websites about the economy and investing online.During this 40+ minute interview, Jason asks Mish about interest rates and financial repression and if he thinks the Federal Reserve is trapped and can they meaningfully raise interest rates? Mish says the Fed would probably never admit they are trapped and is probably too stupid to know they are basically trapped. Jason and Mish discuss financial repression in the US, Japan, etc. Next, Jason asks Mish about his recent article about the pension plan crisis developing in the US. Mish and Jason discuss if asset price inflation is intentionally being done to help generate higher returns for pension funds?After this, Jason asks Mish about asset price inflation, bubbles and where Mish still sees value in markets.