Erin Burnett Gets Upset With Michael Pento On CNBC

An interesting exchange just took place on CNBC's Street Signs between superstar anchor Erin Burnett and Euro Pacific Capital's Chief Economist Michael Pento. Burnett took offense in a debate over the Treasury market when Pento said the onus was on her to explain why foreign investors would continue to pour money into U.S. debt at such low interest rates. Burnett responded that she is the moderator and, as such, the onus was certainly not on her.

Pento is predicting rampant inflation as a result of quantitative easing and a crash of the U.S. Treasury market as the country's debt burden becomes more than it can withstand. He is a frequent contributor on CNBC and frequently his opinions clash with the Wall Street consensus.