Animated Oprah Interviews Bernanke


Earlier this month: Oprah Winfrey: grabbed headlines with her blockbuster interview with serial doper and international pariah Lance Armstrong. Now, an animated Oprah keeps the momentum going with a harrowing interview with Federal Reserve Chairman: Ben Bernanke, another: major figure who is equally dependent on artificial stimulus to juice his job performance.

In this mock animated interview produced by the Peter Schiff Show, the daily radio broadcast by noted author and economist Peter Schiff, Oprah gets Bernanke to confess to repeated attempts to push up economic statistics through direct and repeated injections of powerful monetary stimulants. His motivation: a competitive central banking culture fixated on short-term performance and his desire to curry favor with the political and media elite. 12 minutes of hilarity ensue.
Although the cartoon was produced for laughs, the underlying message is deadly serious. Why is artificial performance enhancement considered dangerous and unacceptable in sports, but necessary and proper in economics? Schiff uses the obvious parallels between Lance Armstrong’s quest to achieve cycling dominance and Bernanke’s cycling of Quantitative Easing programs to point out what should be obvious: our current economic performance is based on a lie that will end badly.
Peter Schiff, CEO of Euro Pacific Capital and radio host of The Peter Schiff Show, is the author of: The: Real Crash: America’s Coming Bankruptcy.: For more information please contact Michael Finger at mfinger@europac.net or: call 917-719-6333.

Trending on the Web

Related Articles

0

The AP’s complicated word-association test

In what may be the greatest victory to date for the sophisticatedly asinine organization “No Labels,” the Associated Press has

52

Obama’s Plan to Censor the News Media

The Federal Communications Commission is about to launch a direct assault on the freedom of media to cover news as

1

New Year’s Irresolution

President Barack Obama’s absence from the great gathering in Paris of national leaders from other countries, to show their solidarity