Bill Miller on the Classical Value Portfolio (Podcast)
Masters in Business
00:00
What Do You Think About the Fed Intervention?
I'm puzzled a little bit at people's views, who have strong view about the Fed ought to do this. And I think that also people kind of forget about why we have a Fed in the first place. So you're looking at a case where interest rates are going to be very, very low and no problem at all. If the economy is then going to grow, you need to long equities, it's not a straight line.
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