[VIDEO] Cruz’s CNBC Economy Interview
Posted: April 16, 2016 Filed under: Economics, Mediasphere, Politics, White House | Tags: Adair Turner, Andrew Ross Sorkin, Bank regulation, Becky Quick, Central bank, CNBC, Federal Reserve System, Interest rate, Joe Kernen, Monetary policy, Presidential Election 2016, Ted Cruz, VAT Leave a commentCruz just had a very interesting hour-long interview on CNBC this morning with Joe Kernen, Becky Quick and Andrew Ross Sorkin on the Squawkbox financial program. The CNBC gang hit Cruz with everything from Japanese and German basis points, to negative global interest rates, to bank bailout policies, tax reform, economic effects of climate change proposals, opposition to various kinds of VAT taxing, instability of commodity prices, Fed monetary policy, etc.
Reagan administration economist Arthur Laffer, one of the architects of Cruz’s tax plan, weighs in for an extra helping of tax and quantitative easing wonkishness.
…This is a much more in-depth discussion than the stump speech snippets we’ve all heard many times…(more)
Source: RedState