interest rates like he did to 20 percent or so around 1980 he really set the stage for this greenspan bernanke the janet yellen jay powell herea of dropping rates from 20 percent down to now it's just about at 0 and talk about it going negative so he did a really good job in 1980 restoring faith in the dollar but he also set the stage for a series of federal reserve chairman after he left to take his good work and to constantly extend and pretend so every crisis in america has been packaged as a bond and sold into the junk bond market with a longer maturity at a slightly lower coupon rate and they've been doing this now for 40 years to the point where america's indebtedness has been. engineer to the point of an extinction event as have many countries as has the globe so the globe right now is so deep and buried into debt that we are now entering into a hot war situation and that's usually what happens when you have a debt like this all over the world you go from currency war trade war hot war and the u.s. and china because of money. are now entering into a hot war and it's because of money all

therefore it is almost a, it is almost like a put but it is called, used to be called the greenspan put or the bernanket makes it impossible to bet against the market and i think that's what you have to weigh but clearly if you take corporate taxes and raise them to 28%, if you start raising taxes on individual, on estate taxes, on capital gains -- connell: that would hurt. >> if you ramp up regulations like he said, if you want to do a green new deal which is massive amounts of spending maybe good for economy, but that is more borrowing, which generally leads to higher interest rates in the long run. that all has to be calculated. connell: charlie, thank you. we'll talk about that. we mentioned earlier in the show. charlie gasparino. thank you good stuff as always. we'll be right back. 49... 50! i found you! good job. now i'm gonna stay here and you go hide. watch your favorites from anywhere in the house with the xfinity stream app. free with your xfinity service. now any room can be a tv room. stream live tv, on demand shows and movies even your dvr recordings. download the xfinity stream app today