Bianco Calls Fed Liquidity Efforts `Hyper-Inflationary'

Jim Bianco, president of Bianco Research LLC, talks with Bloomberg's Rhonda Schaffler in New York about the Federal Reserve's move to provide up to $540 billion in loans to help relieve pressure on money-market mutual funds, credit market conditions and the outlook for the U.S. economy and stock market. (Source: Bloomberg)