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 Today

Related Articles

6

Should the West believe Egypt’s new president?

Throughout America’s history, there have been people who denied threats from our enemies. During the Revolutionary War, significant numbers sided

0

Then What In Syria?

Two recent newspaper editorials illustrate the double-mindedness some feel about President Obama’s decision to provide small arms and ammunition to

26

What Democrats Mean When They Say ‘Radical’

With words like “radical” and “extreme” being liberally flung around, it’s probably time to define our terms. After all, vice