Reason.tv: Investor Don Smith on the Economy

At FreedomFest in July, Reason's Nick Gillespie talked with investor (and Reason Foundation donor) Don Smith about the economy and his outlook for the market. Smith expects the U.S. will continue putting off a meaningful resolution to its debt problem, but he's thrilled the issue is finally getting attention. Despite recent market woes, Smith is bullish on stocks: With money-market funds paying almost nothing, he says, where else are people going to put their money?

Shot and edited by Jim Epstein. About 4.30 minutes.

Held each July in Las Vegas, FreedomFest is attended by around 2,000 limited-government enthusiasts and libertarians a year. Reason.tv spoke with over two dozen speakers and attendees and will be releasing interviews over the coming weeks. For a playlist of videos released so far, go here.

Go to Reason.tv for downloadable versions and subscribe to Reason.tv's YouTube Channel to receive automatic notifications when new material goes live.

Comments

[Episiarch]

With money-market funds paying almost nothing

What's he talking about? My money market accounts pay...AIIIGHHHHHHHHHH

[Tim]

What kind of "fest" features guys in suits?

[Pip]

Suitfest 11?

http://biglegalbrain.com/2011/.....ties-soon/

[R C Dean]

Seriously, gang, head over to Drudge and check out the picture of Biden he's running. Hilarious.

[hazeeran]

Hope he didn't go with white socks.

[T]

With money-market funds paying almost nothing, he says, where else are people going to put their money?

Durable manufactured goods might not be a bad idea. I'm going with guns, myself.

[Harvard]

Commercial REITS. Inflation proof.

[anon]

investing heavily in hollow points myself.

[Harvard]

You're talking essentials dude, we were talking investments.

[?????]

Good Video

[messenger]

I think the economy crisis is coming. Within 2 years

[Blue sky]

Government debt ratio and the deficit is not optimistic, not short-term can be reversed. . In addition, the video content I like.

[chaussures air max]

great, thanks

[alaamiah]

meaningful resolution to its debt problem, but he's thrilled the issue is finally getting attention. Despite recent market woes, Smith is bullish on stocks: With money-market funds