Ed Butowsky, Managing Partner of Chapwood Investments Management, appears live on Fox News to discuss what is the current state of the economy and what we need to do to fix it. With the GDP shrinking and the Unemployment numbers rising the economy is not showing signs of growth but rather recession. Fed Chief Bernanke is ready to take “dramatic steps” to stimulate the economy to avoid a recession. What kind of steps? Ed Butowsky explains that the road to economic recovery is not in Bernanke’s tool box. What the Fed Chief has left up his sleeve will drastically increase inflation. Ed Butowsky is fearful of the steps being taken by this administration to fix this economy. What do we do to fix the economy? Tune in to find out Ed’s response to that very question.
Tags: bernanke, economy, inflation, recession, stimulate the economy