Jim Grant: “This Will Turn Out To Very Bad For Many People”

Monday, August 22, 2016
By Paul Martin

by Christoph Gisiger via Finanz und Wirtschaft,
Aug 22, 2016

>”The stock market is at record highs and the bond market is acting as if this were the Great Depression… the Fed is virtually a hostage of the financial markets. When they sputter, let alone fall, the Fed frets and steps in… the Fed is justified in that belief because it is responsible to a great degree for the elevation of financial asset values… and to me, gold is a very timely way to invest in monetary disorder.”

The Rest…HERE

One Response to “Jim Grant: “This Will Turn Out To Very Bad For Many People””

  1. MinnKid

    This article explains all the post scurrying being done to rob and keep the fantasy going. As for the USA, greedy trade deals gutted us. When 70% of the economy depends on the people living here spending money, low paying jobs means less buying. Oh, thats if your lucky enough to even get one of them. Bottomline, GREED rots from within and eventually you get a dead corpse. Start making burial plans….


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