Thursday, June 4, 2009

Melissa Francis Takes On Deutsche Bank Chief Economist, Epic Fail Ensues

In what is an interview for the ages, CNBC's Melissa Francis takes on DB's Chief Economist Joe LaVorgna, stupefies him (and whatever watchers the comedy channel might have left) with a definition of inflation taken straight out of Cosmopolitan, tells him he has lost all credibility (4:20 into the clip), rewriters the first chapter in Econ 101, and ploughs on even after permabull Kudlow tells her to shut up. Priceless (in both a deflationary and Cosmo's inflationary world).

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