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Tag Archives: there’s no free lunch

Taleb Says Fed Policymakers `Do Not Understand Risk’

http://www.youtube.com/watch?v=mhSRaehWSvY (This video is unavailable. ) The risks stemming from the Federal Reserve’s efforts to stimulate the economy through bond purchases are “humongous” and the central bank doesn’t fully understand the potential effects, said Nassim Taleb, author of “The Black Swan.” “These people do not understand risk,” Taleb said in an interview on Bloomberg Television’s […]