Stockman: The Larry Summers ‘Jackass Scenario’

In this excerpt from a “Real Conversations” interview with David Stockman, the former Reagan budget director discusses what the Federal Reserve would look like with Larry Summers at the helm. He explains to Hedgeye CEO Keith McCullough why “Summers is one of the greatest jackasses in the Western world” and how his appointment would lead to a long overdue examination of Fed politicization. 

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Watch this edition of “Real Conversations” in its entirety below.