Charles Goyette, former Antiwar Radio co-contributor and author of The Dollar Meltdown : Surviving the Impending Currency Crisis with Gold, Oil, and Other Unconventional Investments, discusses Ben Bernanke’s 60 Minutes interview where he declares (with lip-quivering certitude) a “100 percent confidence” the Fed can control inflation; how the Fed filled up on bad assets full of “mystery meat” in their quantitative easing program(s); Republican deficit reduction plans that will be decimated from even a minuscule increase in interest rates; the crisis in fiat money as most of the world’s currencies are debased relative to hard assets; and why Americans are still asleep at the switch while their government actively destroys the economy.
MP3 here. (37:57)
Charles Goyette was a longtime award winning morning drive-time radio host from Phoenix, AZ. He is a libertarian commentator, who is noted for his outspoken anti-war views, his opposition to the war in Iraq, and his economic commentary. He is the author of the book The Dollar Meltdown: Surviving the Impending Currency Crisis with Gold, Oil, and Other Unconventional Investments.