Where Does Crony Capitalism Come From?
Stansberry Investor Hour
English - August 27, 2020 18:45 - 1 hour - 96.5 MB - ★★★★ - 664 ratingsInvesting Business News Business News american banking buck debt money research savings stansberry america bonds Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Bloomberg recently reported that the Federal Reserve is likely to hold interest rates at 0% for the next 5 years...
Whether rates are kept at zero for the full 5 years or not is speculation at this point, but this announcement is bad news for savers and send a clear message to borrowers to keep it going.
And during this week's interview, Dan sits down for a conversation with Nick Sorrentino, co-founder of Against Crony Capitalism and the editor of ac2news.com. Nick works as a political and communications consultant whose clients have spanned the political spectrum.
Dan and Nick spend their time discussing how we got to this insane level of cronyism in the government and the corporate world. Can anything be done to stop it?
Listen to all this and more on this week’s new episode.