Jim Grant – The World Will Witness Extreme Monetary Disorder
September 27, 2013
Today legendary Jim Grant warned King World News that the world will witness extreme monetary disorder. Grant also discussed the impact this will have on gold and other major markets. Below is the first in a series of powerful interviews that will be released today on KWN with one of the most highly acclaimed individuals on Wall Street.
Eric King: “When you look back at history, how dangerous are these policies? How risky is this?”
Grant: “Bernanke himself has said, ‘Because we are learning by doing.’ Because we are learning by doing we really can’t use history as a guide. But we can know from history that experiments in radical creation of unconvertible units of currency, of script, have invariably had a bad outcome.
The more birthday candles I blow out, the less dogmatic I become about these things….