If education is being lectured by a retard than you sir are correct.
Insana was wrong in so many points that it's sad. He didn't predict the recession of 2008. The fed can't create jobs. There is historical precedence that the fed wrecks havoc on the economy when it starts meddling with QEs.
This is the same person who last year stated we needed more stimulus. Right! Because the first one worked so well. Let's throw another trillion dollars at the problem and add millions of more people to the welfare ranks.
All financial prognosticators are wrong from time-to-time, however, NO ONE is wrong as often, or as much of a self-aggrandizing economic illiterate as is the one and only Petey Schiff.

Seeing Schiff get owned on financial programs provides never-ending entertainment for those of us smart enough not to take the clown seriously.