Irrational exuberance and money printing

Watch the full 25-minute video at http://www.goldmoney.com/tice-turk-interview. David Tice (http://prudentbear.com) and James Turk, Director of the GoldMoney Foundation, talk about the 1999 credit bubble symposium, which warned about the dangers of reckless money printing and asset price inflation. They talk about how Keynesian and monetarist economics have lead us down this path, while Austrian School teachings of Mises, Rothbard and Hayek were ignored. They discuss the short-sightedness of policy makers and the inevitable end of credit expansion induced bubbles. This interview was recorded in August 2011 at the GATA conference in London.