Dr. Pippa Malmgren – Part One

Featuring Dr. Pippa Malmgren

Dr. Pippa Malmgren, best-selling author of the book ‘Signals’ and former Economic Advisor to two U.S. presidents, sits with Real Vision for the first part in a transfixing two-hour interview. In part one, Pippa takes us inside the minds of policymakers in Washington, examines the manipulation of economic models, discusses the hubris of the Fed, and explains the erosion of their fundamental faith in markets.

Published on
15 May, 2015
Topic
US Economy, Monetary policy
Duration
52 minutes
Rating
12

Comments

  • JF

    John F.

    8 10 2016 00:39

    0       0

    re: The pending shift to inflation. The subject is historically covered for the period March 1933 - August 1934 in Prices by Warren & Pearson (1933) Chapter 9, Figure 7 on page 192. Ladies and gentlemen start adjusting your measuring tools to forecast our transition date ahead.

  • JF

    John F.

    8 10 2016 00:35

    0       0

    Re: Inelasticity of Food and Rents to come down with commodity prices in our current situation. The same thing occurred from 1920-1930 (see Prices by Warren and Pearson 1933 Chapter 11. And in the 1980's we called it stag-flation. ie: real wages decline.

  • JF

    John F.

    8 10 2016 00:25

    0       0

    From 2003 to 2007 the real estate appraisers at the banks contributed to the inflated prices. Since the 1970's economists had watched the rise of consumer short-term debt. Greenspan before Congress said: let them use the equity in their home. Corporations are use to borrowing long-term to get over short-term losses; however, the consumer does not have that discipline and spent it on SUV's, remodeling the home and big weddings for children. This response by the consumer fanned the flames of default.

  • JF

    John F.

    8 10 2016 00:20

    0       0

    On modified economic indicators: Starting in 1981 the Inventory to Sales Ratio went from LIFO to FIFO which resulted in the distinctive pattern of the business cycle being muted. The Wall Street Journal at the time declared the business cycle dead.

  • BC

    Brian C.

    14 8 2016 05:56

    0       0

    Incredible insider perspectives on the disconnect between regulators and markets.

  • us

    urska s.

    16 5 2016 13:53

    1       0

    Still relevant 1 year later....

  • B

    Bojo .

    20 4 2016 19:58

    0       0

    Brilliant! Great insights and a very engaging style of speaking. Plus, it is nice to see feminine radiance in the world of men and women behaving as men.

  • TS

    Thomas S.

    10 2 2016 06:43

    1       0

    A+ + More from Pippa please!

  • DS

    DAVID S.

    3 2 2016 14:17

    1       0

    Pippa 's interview is a 'must see' and her book is a must 'read' . what an amazing present!! Well done

  • FS

    Fred S.

    12 7 2015 01:40

    1       0

    I've watched this one many times and i'm still learning from it. I think one of the best, if not THE best interview on the platform!

  • tn

    tung n.

    27 6 2015 06:10

    4       0

    Pip is hot!

  • DS

    Daniel S.

    28 5 2015 13:28

    1       0

    "Air Force One!! It's Miiiiiiine!!!"

    Absolutely incisive. Thanks guys, brilliant.

  • ED

    Edward D.

    27 5 2015 15:27

    0       0

    Many fascinating insights into world political dynamics. The best of the best!

  • AL

    Alex L.

    25 5 2015 19:21

    2       0

    Time to buy more gold.

  • CT

    Craig T.

    23 5 2015 22:59

    5       0

    I always suspected US guvmint economic policy makers were clueless. Pippa has confirmed my darkest thoughts; that they actually believe they have control.. Now I'm afraid for my future.

  • KS

    Kenneth S.

    23 5 2015 17:47

    1       0

    Enjoyable and full of enlightenment.

  • CU

    Clay U.

    21 5 2015 19:22

    6       0

    Best segment I've seen on RVTV.
    What about another 'Chain' that starts with Pippa and heads in the direction of policy makers as opposed to traders?

  • DH

    Dale H.

    21 5 2015 03:57

    3       0

    Great conversation. I also think the U.S. Is making too many enemies in her economic/military pivot to Asia. NZ and Australia have huge trade with China. NZ, 1980s spurned the U.S. (Nukes). TPP also?

  • VP

    Victor P.

    20 5 2015 15:34

    3       3

    Very good interview, but spoiled by the BS "US has a great and robust economy". Obviously socializing with politicians in DC is contagious :)

  • MB

    Martin B.

    20 5 2015 02:12

    1       0

    The 'it's all good fun' communication of the incompetence of these administrators and burearcrats is unsettling. These same .gov 'people' fund the MIC, condoning war and human suffering after all.

  • MB

    Martin B.

    20 5 2015 01:16

    2       1

    Very interesting while frightening also. I can't help but feel that Dr. Malmgren is holding back on the sinister nature of this and the obviously catastrophic end game. She's an insider after all.

  • LD

    Lionel D.

    20 5 2015 00:07

    3       0

    Terrifying!

  • KT

    Kevin T.

    19 5 2015 18:09

    6       0

    I think she's right that policymakers will choose inflation as the least painful form of default. I have trouble squaring this with rainmaker's buy bonds recommendation. Amazing interview!

  • BR

    Bill R.

    19 5 2015 01:45

    6       0

    Great interview Pippa truly understands the world and fantastic ability to explain what's going on so anyone can understand

  • JM

    Jon M.

    19 5 2015 00:52

    5       0

    Thank God for Pippa. She truly sees the big picture: a multidimensional game of musical chairs.

  • SS

    Stewart S.

    18 5 2015 19:50

    7       0

    fantastic presentation . Maybe she should run against Hillary

  • KS

    Kathleen S.

    18 5 2015 14:59

    6       0

    Loved interview, but what about the fact that the political process and thus policy has been captured by the bankers? Politicians are nothing but figure heads to political machines -ALEC

  • AE

    Alex E.

    18 5 2015 09:12

    8       0

    WOW!!! I see why people want to talk to this lady! One of the smartest people I've ever listened to! Grant & Raoul, you two have outdone yourselves, yet again!! Can't wait for round 2! Bravo...

  • sp

    shashwat p.

    18 5 2015 07:02

    1       0

    LOL... We are doomed!!!

  • RO

    Robert O.

    18 5 2015 03:37

    5       0

    The ring of power had to be destroyed in Mount Doom to free middle earth.
    Ron Paul could have been the Hobbit that freed the world.
    But there was never really much hope, just a fool's hope.

  • SP

    Steve P.

    18 5 2015 00:20

    5       0

    What an outstanding interview - congrats. RV. This provided a very real look at global macro events and how those at the top attempt to drive economies and financial systems. Superb insights!!

  • HL

    Heinrich L.

    17 5 2015 19:16

    3       0

    Excellent. So true there is no belief in the free market anymore. Socialism is coming to the western world and history will repeat itself. Best interview so far.

  • wg

    william g.

    17 5 2015 16:35

    1       0

    Was about to terminate the interview half way through. Glad I didn't. Fascinating second half. The end game of the FED, an the ONLY game, is to inflate out of the abyss. Hence, the classic struggle.

  • AB

    Arthur B.

    17 5 2015 14:57

    5       0

    This is the most enlightening and entertaining presentation presented by realvisiontv yet.

  • SD

    Shyam D.

    17 5 2015 06:41

    1       0

    Lets bring on Mark Dow to counter this. He s worked on both policy/imf and runs money now.

  • DR

    Daniel R.

    17 5 2015 05:58

    7       0

    Utterly compelling narrative. What I love about RVTV is the depth and breadth of the intellectual gene pool. This is the most schooled I've felt in ages.

  • AD

    Anthony D.

    17 5 2015 03:49

    5       0

    This is the finest interview segment you've offered to date. The insight into the "priesthood" of the Fed is compelling.

  • WA

    WAYNE A.

    17 5 2015 00:16

    4       0

    Pippa for President

  • RP

    Richard P.

    16 5 2015 21:12

    7       0

    Best conversation/interview yet. Left with the impression that life in the USA is going to get tough for the working class folks.

  • RB

    Roy B.

    16 5 2015 20:04

    2       0

    The image of Gollum squattring atop the door to the oval office is frightening. But she may be right.

  • KE

    Kenan E.

    16 5 2015 10:37

    2       0

    The consequense of what she is saying simply is "there will be no return to free markets anytime soon" at least no "voluntary" one.

    If the markets don't behave ...

  • HS

    Hubert S.

    16 5 2015 10:05

    5       0

    Great so far. I hope Grant asked Pippa in part 2 about the guy in Belgium who bought all these Treasuries.

  • mr

    mayank r.

    16 5 2015 08:56

    2       0

    the best one yet... eagerly awaiting part 2

  • JA

    John A.

    16 5 2015 07:13

    3       0

    Exhilarating. The best interview yet, and that is saying A LOT!

  • RA

    Robert A.

    16 5 2015 00:08

    11       0

    The reason the interview ran a little "long" for me is that I stopped it in the middle to order her book from Amazon! Macro Politcal/Economics at it's very best----again, thank you Grant and Raoul.

  • WH

    Wayne H.

    15 5 2015 22:53

    33       0

    Excellent interview. You can't find Pippa's level of insight many places. The disconnect between the regulators and "the market" explains a great deal.

  • JS

    John S.

    15 5 2015 22:49

    7       0

    Absolutely superb. Can't wait for part 2.

  • TH

    Timo H.

    15 5 2015 18:49

    7       2

    I'll pay 100 bucks to see the part 2 right away!

  • KE

    Kenan E.

    15 5 2015 18:35

    28       0

    I CAN NOT BELIEVE WHAT I AM HEARING. Did she really say the leaders of the free wolrd lost faith in free markets AND they think that they can control EVERYTHING. This will end VERY UGLY!!!

  • MR

    MIGUEL R.

    15 5 2015 18:00

    13       0

    we need to see a policy maker interviewed on RVTV, Pippa would be the perfect intervewer to lull them into a false sense of comfort.

  • BL

    Bruce L.

    15 5 2015 17:28

    7       0

    Brilliant. I'd say Pippa for President but I wouldn't actually wish that on her.

  • GT

    Graham T.

    15 5 2015 16:28

    2       0

    Looks like Mackay is going to have to add another chapter to his book. Anyone have is number?

  • E

    Erik .

    15 5 2015 16:26

    18       0

    Absolutely superb global analyses. It goes to show experience just can not be bought! Well done on securing the interview.