Kevin Warsh about the Fed

One of the smartest guys in any room, fellow at the Hoover Institution and a former Fed governor, Kevin Warsh, weighs in on QE, the Fed and why the Fed’s policies cannot make up for bad fiscal policy in Washington.  Video from CNBC below. 

 
"iPhone 5 will do more for the real economy than QE3" - Kevin Warsh

 

Source: CNBC
Thanks to Grant Williams for the link.