“Free money” being printed by the Federal Reserve has led to a disconect between soaring stocks and the real economy, according to author and TV host Simon Constable.
“I look at the tremendous poverty that we have,” Constable told Newsmax TV in an exclusive interview. “We have about 50 million people on food stamps,” he said, describing the number as “staggering.”
The host of The Wall Street Journal’s News Hub was asked about the wealth effect created by the stock market.
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