Charles Calomiris, a professor at Columbia University, talks about Federal Reserve monetary policy, the government’s financial-rescue package, the outlook for the U.S. housing market and trade policy.
00:00 Fed “firing on all cylinders”; global economy
02:16 Outlook for credit markets, U.S. economy
04:21 Regulation of financials; government rescue
09:46 Outlook for housing market; securitization
14:33 Trade policy under an Obama administration
16:23 U.S. trade deficit; dollar; regulation needs
Running time 21:57
Calomiris Says U.S. Rescue Plan Should Aid Homeowners: Video
Bloomberg, October 31, 2008 13:38 EDT
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