Charles Biderman: Another Bubble When Central Banks Start "Helicoptering Money Around"

CNBC's Rick Santelli speaks to Charles Biderman of TrimTabs Investment Research. Biderman shares his view of the impact of zero interest rates and what he thinks about the economic growth in the United States.

CHARLES BIDERMAN: You'd think, wow, things are fine. But underneath, this is a mess. We have no economic growth in the United States. Industrial activity is slumping around the world. Zero interest rates has created a global recession that most people are afraid to admit.

Look, the markets are captive of the Federal Reserve and the central banks. If they're going to talk about tightening, markets are going to go down. When they start easing again, and they will ease again because, you know, last thing they want is anybody to be hurt, really, about their assets or money in their pockets.

So, we're going to have a bubble again, or another boom when they...when the Fed and everybody else starts helicoptering money around.