we will show this later with carl weinberg. this is deflation in japan, hawaii chart were sloped matters. back in the late 90's of where they got on deflation, and then we roll over to a little bit of a pickup where they take over. japan is it doing all that bad. the great fear is export deflation strategy to the rest of the world. is that a legitimate fear? >> on a big so. japan is too small to matter. distant, distant fourth. there is affecting inflation in the united states or elsewhere. the world doesn't import that much, japan is where it's safe and falling export prices may have an impact. but that is really a rounding error. tom: will this be a fee that jackson hole, this conundrum of trying to reflate? be theink it ought to let's leave that for a moment. the issue is we have reached the limits on monetary policy. diminishing returns arrive the long time ago. inflation is pretty invariant, it just isn't as sensitive as it used to be, whether it's japan or the united states, and if you are concerned about getting inflatio

it was the library of congress who purely made the arrangement with weinberger's family and maybe with him personally. that they would be restricted in the sun would determine who would be able to view them. i was really surprised at that. but as we have learned through my friend at the national security archive that it is kind of a usual thing. i thought maybe you'd put personal papers in a situation like that. not papers relating to your position as secretary of defense or secretary of state. >> c-span: what difference does that make to this book? >> guest: i think it would've created a treasure trove of documents for me leading to weinberger's role as as secretary of defense. i was looking specifically for his relationship with the sentence a memorandum for the jonathan powered case. >> c-span: why did that relate your book? >> guest: jonathan was spying for israel, as we all now know. he had given back in 1985, one of the things he gave these really was evidence of american companies building chemical plants in the middle east for israel's enemies. and weinberger wine the and becam

interview issue has a one-on-one with mark weinberger.he spoke about how to keep millennial employees happy. david: why was he somebody that you wanted to talk to? guest: i was interested in him because his company, ey, is such a large employer of young people. so i thought about who knew how to deal with millennials. david: you think about public accounting and young people is not the first thing that comes to mind. guest: it is surprising because so much of the workforce now, you think of people who are in the middle of their careers, especially with corporate jobs, but things like consulting and accounting, they draw heavily from college graduates and it puts them in a sweet spot of dealing with people in their 20's, maybe their early 30's. so at a place like ey, was surprised me is the median age is 29. that is a big change of what most people are used to. david: is this a change that the --pany has pushed for, are or are they looking at the pool of where people are coming from? ,uest: people come in particularly millennials, they are

weinberg says he is filing a lawsuit against the department for his client's k-9 injuries. >> anchor: thank you so muff. >>> a developing story now back in tampa involving a tampa police officer. adam york has been fired and arrested after a woman he pulled over accused him of sexual battery. it happened six months ago but he wasn't arrested until today. erin is on this one where the chief explained why. what did he say. >> reporter: the chief says the officer was i off the streets when the accusations came down. he was fired a month later. he says that was quick action. as for why it took six months for an arrest he says prosecutors and detectives had to make sure all the evidence made sense and all was in order before press k charges. police lights flash. a person can be seen walk around the cruiser. other than that, it's hard to tell exactly what's happening in this surveillance video but it led to this moment. >> yesterday a warrant was police officer adam york. >> tampa police officer ward says this video was recorded during a traffic stop february 1st. officer adam york stopped

that is the assessment from high frequency economics carl weinberg.berg says japan's problem height of local. he made the case on "bloomberg surveillance" today. >> if our population goes down, our economy will shrink. since there is no sign of our population going down and since we are not going to build that mexico or cut off immigration, we are going to get through the baby boomer crisis and continue to grow. maybe not as fast as we did before, but we will grow. japan needs people. it does not need more fiscal policy or monetary policy. it needs more people. >> i'm going to push back against not what you said now, but what you said previously. this is my japan chart. the blue line is unemployment. we are at 3.3%. other western economies would love and kill for this kind of thing. this is the balance sheet of the boj. this is a clear demographic problem. even if you see gdp not rising, how do you get out of this? it needs to be open borders. it needs to come for immigration. >> they need to have more people. when you have a contracting economy, it's

jesse weinberger is not surprised at all. she is a local author who want to too well. >>> the cost of the $500 apiece. the senator demanding action after public outcry of epipen. >>> doesn't find dozens of niacin one man's stomach. why he says he swallowed them. >>> the search for an alleged serial child abductor continues affection and attempted abduction failing to the same man. authorities are saying that man went straight to the children's homes by information on social media. an expert says these are apps that your kids are using. go there is stocking and possibly affecting the child from your own home. there's an app for that. several that could be predators right to your own front door. a six-year-old abductor from their home last night for 17 hours. a 10-year-old had an abductor try to pull her out of her bedroom window. 2 scary scenarios and one suspect. they set the abductor was led to their front door with information found on apps. exists and it's in your child's pocket. >> they do not realize all of the risks. wi

. >> the attack against senator weinberg seem to deeply personal. i asked governor christie if he was mad? >> are you that mad at them because they cost to the vp slot and the attorney general slot in the trumpet ministration? is that the reason for the an believe. [inaudible] who told you that? >> donald trump and bridge gate and it's a lot of coverage. >> your question contains a statement of facts. with that said, donald trump, call me call me. i'm happy to talk to anytime about the election. christie would have you believe that bridge gate and the whole scandal was not part of the vetting process and that's why mike pence was chosen instead of him. we know better than that. that it was sweeney's turn to get mad at me or at least >> is the gas tax plan a big money grab? >> that betting being said, no it's not a money grab. but i'm going to keep digging. i will continue to hold these politicians accountable when it comes to our money, our taxpayer dollars. for more, follow me and follow the show at chasing news. >> check out this reverse goldilock

pearl weinberg, investment banking isn't doing great.mer. liz: the guy who exited. >> guy who exited sued them for like $100 million. where are they going to get the cash? this is developing story. we'll keep on it. both sides have no comment but we have this confirmed talks are ongoing. liz: thank you. charlie. he was right on valeant. dow middling through the lazy days summer, up 3 points. should you look through 30 windows or 500 windows when it comes to see what is up for your investments? s&p's erin gibbs has her expert take on the dow versus the s&p. where you should put your eyes and money to work. countdown coming right back. ♪ liz: in these last five minutes we want to help make you money, so we asked this question, everybody talk about the dow. is there danger with the dow? the s&p 500 and the nasdaq both hit lifetime highs today. nasdaq still there but s&p i.q. chief investment officer erin dibs suspects something about the blue chip index you may not know. she is here now. what don't we know about the dow? >> basically thes h

weinberg is not thrilled about it either. helicopter money is a statement and identifies original physical transformation, right? >> they are engaging in helicopter money. in essence, it is helicopter money. but because of what it does, i wrote an article that the central bank, they are inflation toxins. bank says they store these reserves. the money needs to seep out for it to be toxic. it is more bank lending. >> we had a conversation, it's not like money but it's a little bit like a script. , nowis the kind of merger the government can borrow for zero. >> the interstate highway system was put in place, 50,000 miles of roadway and we still drive those roads and gain benefit in the economy from that investment. in the united states, what have we done? very little. we can't have more gdp unless we have more investment. >> this is what the liquidity trap is all about. there is no risk-taking in the term of fiscal investment, business investment. people just want to be safe. >> speaking to bloomberg's tom keene on surveillance

pkg sot - mark weinberg/lives nearby i saw him sitting on the steps right here yesterday. i live across the street. that would make it 4 days after the attack. neighbors say they saw the suspect wearing the same clothing as he did when surveillance cameras caught images of him viciously pounding a woman. the victim tells police it was unprovoked. the suspect, wearing a dark green zip-up sweater followed her from lafayette park saturday evening then punching her in the face once they were on washington street . so many times, that it's now broken in several places, and she'll need surgery to repair it. sot - it's troubling. now police are investigating claims from a second woman that says a man that fits the suspect's description, also followed her. ot - - ken thompson/lives nearby - so this is a predator situation. this is frightening. i don't even know what to say >>alecia:the man on your screen has brown hair, with an average build. accorfing to authorities, he's anywhere from 40-50 years old, and is possibly homeless. >>:sot - scott brooky/visits park daily - there are

i asked neil weinberg. >> the fees can be quite substantial, or than 100 times what you pay for a mutuala so-called management fee which is similar to what you pay with a mutual fund. to be pretty high, in the range of about 2% which is expensive for a mutual fund. chargede other fees known as a carry and fees are charged to the actual company that these funds invest in. it would be as infidelity fidelity was not only charging you but charging general motors for investing in general motors. david: why is there so much secrecy surrounding some of these fees? guess it is because they can, and the high fees and lack of disclosure, critics would say certainly has helped create many of the billionaires we have around us in new york who have made their money from private equity. the fees are high and have been poorly disclosed, and the securities and exchange commission has found in many cases the fees that are disclosed do not even tell you how much you are actually paying, which can be a lot more. david: the sec has pointed that out, what has it done to these funds vis-a-vis these fees? neil

natsot - mark weinberg/lives nearby i saw him sitting on the steps right here yesterday. i live across the street. that would make it 4 days after the attack. neighbors say they saw the suspect wearing the same clothing as he did when surveillance cameras caught images of him viciously pounding a woman. the victim tells police it was unprovoked. the suspect, wearing a dark green zip-up sweater followed her from lafayette park saturday evening sot - it's troubling then punching her in the face once they were on washington street . so many times, that it's now broken in several places, and she'll need surgery to repair it. sot - i can't see any excuse for that. now police are investigating claims from a second woman that says a man that fits the suspect's description, also followed her. sot - - ken thompson/lives nearby - that sounds like a potential predator. this is frightening. i don't even know what to say >>alecia:the man on your screen has brown hair, with an average build. accorfing to authorities, he's anywhere from 40-50 years old, and is possibly homeless. sot - s

. >> danica weinberg has rehearsed in her head what she's going to say. just 24 hours ago danica made a plea for help her handmade family photo albums went missing after a mixup at her moms storage facility. >> today a thank you to the role a couple who bought danica storage unit and saw her plea for help on the evening >> and then the moment danica has been waiting for. >> i'm feeling very emotional right now. this is stuff that would've been lost forever. everybody helped me. nearly lost forever. i'm glad that i have them now. >> that reaffirm my faith in humanity. >> a picture-perfect day danica sure to remember forever. >> pretty special story there. >> is ready with a look at sports. >>> vs someone from texas what the state motto is they will tell you don't mess with texas if yes the same person what this sport is in the state that tell you football. last night bishop gorman they put the 39 game winning streak on the line and messed with texas is top team cedar hill. early on it was a messing up this call the call the fumble on the punt game cedar hi

recordersrl weinberg ahead of everybody else. how urgent is the decline in world trade?icate, this is the elephant in the parlor. with world trade actually negative year on year, as of the second quarter, we are at the point we are very close to global recession. that makes china's problems much more difficult than they ought to be. china is trying to obviously move from the polluting, factory-based, old economy to a high-tech, new economy. their export sector is in very poor shape. china, however, is doing reasonably well. i keep reading bloomberg stories talking about a chinese financial crisis. i do not see it that way. you have state-owned banks that oh money to the state. money to the state. but, david, we saw some figures and we have written a lot of stories saying that china is stabilizing. but today we have china credit growth slowed to a two-year low on the debt curve concern. how are the chinese authorities seeing this? are they suggesting that we are concerned that they are concerned about swelling financial risks? david: as an economist, i would argue china's

we thank carl weinberg at high frequency economics for the initial chignon city -- for the iosity onap of money flowing in. does the investment attraction of a 1.15 sterling mean money flows into the united kingdom? alan: eventually, i think that is right. oddly enough, we have seen all the talk about a large inflow that has taken place right now. right now there is a little bit of a benefit -- of a buffet from that. tom: i keep going back to wells fargo and their acquisition of that property in the city days after brexit. francine: the problem is that you either see the u.k. flourishing in a kind of swiss of modelnorwegian type in agreement with eu. when we heard yesterday is that mark carney will be able to avoid a recession for his country or not? alan: it sounds like we are edges of what the might constitute a recession, something around 0% growth. that is not great in the context of the scale of the stimulus. but you're getting stimulus on the bank of england rates as well. guilt markets are very well written -- are very well behaved. there's a push to support the economy at lea

euros jon stewart was convicted of tipping off his father on merges he learned about at perella weinberg24 hours a day, powered by 2600 journalists and analysts in more than one 20 countries, this is bloomberg . matt: the fomc will release the minutes from its july meeting in under an hour. iticymakers wants to see move toward its 2% goal, because morgan stanley says we cannot count on any other major economy to lead the world back from the break of inflation. >> the fed policy has to promote inflation to reach the target. therefore, you cannot talk about a preemptive rate hike because it would kill this little baby called inflation, which we tried to nurse. matt: let us bring in joachim fels. your former colleagues saying that the u.s. has to lead the world back to inflation. do you agree? joachim: i agree that they have to leave the world back to inflation and i think they still have a lot of work to do. you saw the latest release for core inflation ticked down. what thetion, which fed is targeting, is way below the target. i think the fed has its work cut out. i think that means it wi

10:05 the 1980s, irruption, the untold story of mount saint helens but shortly after 11:00 jacob weinberg and ronald reagan, tonight on booktv primetime on c-span2. lieutenant general jack weinstein, on nuclear integration, talks about the service branch contributions to global security and nuclear deterrence and talk about the need to modernization of the remaining us stockpile. >> good morning, i want to welcome you to the last of the seminar on nuclear deterrence and missile-defense with the caveat that we have two possible additions, i'm trying to accommodate them as we go on. we have several war fighter events in september, one with general whitey on 9 september and the 22nd, colonel bracy, talking about the space enterprise ground, general white will talk about space enterprise vision, the 22nd, doing a triad event, and it begins at 11:00 this morning and we will be doing a triad event, this is tentative but in indiana next march, and want to thank staff for jack weinstein, welcome our allies who are here from various embassies, and want to welcome c-span, who is here today taping t