Bob English shines light of inflation upon shadow banking system!
With Europe back in the spotlight and its leaders back from vacation, Capital Account thought it would be a good time to start our engines after a two-week hiatus! Ben Bernanke’s Jackson Hole speech brought up a debate: are the US's unemployment problems are structural or cyclical. We talk to Bob English, guest contributing editor at ZeroHedge. And, at a time when distrust in political institutions has been eroded by malfeasance, corruption, and dysfunction, it seems students at Harvard are preparing for their entry to the ruling class by cheating in their Intro to Congress class. Lauren and Demetri will give you their take on today's Loose Change.