Malpass: Russia Gains at Our Expense | WHAT REALLY HAPPENED


Malpass: Russia Gains at Our Expense

David Malpass, the former chief economist of Bear Stearns, says that the dollar, not high oil prices, is the real problem with the U.S. economy.

Malpass blames former Federal Reserve Board Chairman Alan Greenspan for starting the current easy money policy in Washington that Malpass says is responsible for the problems that companies and consumers are facing today.

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