Ted Cruz Warns Of Stock Market Crash

"The Federal Reserve's excessively easy monetary policies are "playing games with money" and are an ineffective way to "juice the system," GOP presidential candidate Ted Cruz told CNBC on Friday. Such actions "create bubbles," he said.

"The Fed has, for those with assets, driven up stock prices," he said in a wide-ranging "Squawk Box" interview four days before the New York primary, which has 95 delegates at stake.

"But that's not built on anything real. It's not built on an increase in the intrinsic value of those assets," he said. "That's just playing games with money, which means a crash will be coming."
(Source: CNBC.com, 4/15/2016).

See more video clips here.

Related Posts


HTML Comment Box is loading comments...