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Bloomberg Surveillance

Dr. Shiller Talks Bitcoin

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 12 December 2017

⏱️ 27 minutes

🧾️ Download transcript

Summary

Robert Shiller, Nobel Laureate & Yale Professor, is not sure it was a good idea to launch bitcoin futures because he thinks it's still not a reputable market. Isaac Boltansky, Compass Point Senior Vice President, says the likelihood of a government shutdown is dependent on whether or not the tax bill passes. Viraj Patel, ING FX Strategist, thinks this year was a learning point for markets.Don Rissmiller, Strategas Research Chief Economist, says he would not expect bold comments from the Fed anytime soon. 

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Transcript

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0:00.0

When you get your news from Bloomberg, you don't just get the story. You get the story behind the story.

0:07.0

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0:16.2

You get context.

0:17.6

And context changes how you see things, how you change things, because context changes everything. Go to Bloomberg

0:24.6

dot com to get context. Welcome to the Bloomberg surveillance podcast. I'm Tom Keene.

0:43.5

Daily, we bring you insight from the best in economics, finance, investment, and international

0:48.9

relations.

0:49.9

Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course,

0:56.2

on the Bloomberg.

0:58.0

I'm very pleased to say that our next guest is Professor Robert Schiller,

1:00.6

Nobel Laureate, and Yale Professor.

1:02.6

Back in a year 2000 at the height of the dot-com bubble,

1:05.6

Professor Schiller wrote a very well-known book,

1:08.7

Irrational Exuberance.

1:10.4

Professor, I wonder if you had to write that book today and someone said to you

1:14.1

you can't write about tech stocks you've got to write about Bitcoin what would be in

1:17.7

that book professor every edition of that book came out with a new bubble and a

1:21.6

different market.

1:23.0

So yes, it would be Bitcoin.

1:25.0

Bitcoin is the captured the world's imagination.

1:30.0

I was in Russia the other day, there every it's everywhere it shows how

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