Jim Grant at his best – the best line from this excellent interview:
“Deflation – most Americans spend every weekend seeking exactly that ‘peril”
In discussing Bernanke’s battle against “deflation” – why are lower prices bad? Why is having your currency hold a steady value bad?
See video here: Jim Grant (courtesy of The Big Picture)
Jim Grant – on Deflation, Currency, Stocks, Rates, Housing
Jim Grant at his best – the best line from this excellent interview:
“Deflation – most Americans spend every weekend seeking exactly that ‘peril”
In discussing Bernanke’s battle against “deflation” – why are lower prices bad? Why is having your currency hold a steady value bad?
See video here: Jim Grant (courtesy of The Big Picture)
Like? Please Share:
Related Posts
Sneaking Into Gold – Follow Up
My Response to Charles Wheelan
Gold Just Got Another Green Light Today
About The Author
Chris Grande