The Fed Moral Hazard

A 33-year journalism veteran, Jeff Cox is the finance editor at CNBC.com. Jeff joins Carol Roth to talk about the state of the economy and the market and why a disconnect exists. Jeff shares his concerns about “PPP infinity” and he and Carol give a primer on the Federal Reserve and central banking, and discuss how “The Fed” is creating asset bubbles and engaging in behavior that constitutes a “moral hazard”.

Plus, a “Now You Know” segment on the explorer who discovered cigars.

Jeff is also the co-author of two books: “Debt, Deficits and the Demise of the American Economy” and “The 30-Minute Millionaire.”

You can connect with Jeff on Twitter @JeffCoxCNBCCom and see his analysis at CNBC

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