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Sheldon Richman, vice president of The Future of Freedom Foundation, discusses why the record-high DOW index does not indicate a recovering economy; how the Fed’s low-interest-rate policy forces savers into risky investments (like stocks); the fudge-factor in economic measurements like CPI and the unemployment rate; and the nonsensical things Paul Krugman says.

Podcast: Play in new window | Download (Duration: 26:07 — 6.0MB)