Nevada Newsmakers

Host: Samantha Stone

Guests:
Gerald O'Driscoll, Economist, Senior Fellow, The Cato Institute
Pundits:
Greg Crawford, Managing Partner, Sierra Wealth Management
Mendy Elliott, Partner, Nevada Business Strategies
Ty Cobb, Former Special Assistant to President Reagan


"He’s afraid falling housing prices will lead to falling prices generally. But we’ve been in this for two years, and they haven’t, and there’s no reason to believe they will going forward. In fact, (food and energy) prices are going up. "

- Gerald O'Driscoll, Senior Fellow at the Cato Institute, who predicts the Federal Reserve strategy of "quantitative easing" will cause inflation, and that Ben Bernanke's alarm over deflation is unwarranted.