Jim Grant: Disinflation For The Short Run, Inflation For The Long Run
The Julia La Roche Show, Released on 2/17/23
0:00 Intro0:38 How we got here1:30 Monetary realm as an area of concern2:29 Defining the dollar2:57 Biggest change in the sweep of financial history4:30 Gold standard5:50 Defining the dollar? How has it evolved6:50 Weaknesses of the dollar9:47 Lockdowns wouldn't have been feasible10:30 Origins of the great bulge in public debt13:55 Fed actions during the pandemic16:43 Excesses in our financial and fiscal lives haven't been fully felt yet17:37 Rate of growth in debt far outstripping means to service it20:30 Fed is going to carry us all into the poorhouse22:00 Worrying about the debt26:59 Outlook on the U.S. dollar28:30 A poisoned chalice30:00 Better if we lost the world reserve currency franchise32:57 Gold36:06 Central bank gold buying38:20 Higher for longer?41:00 Why the Fed might retreat?45:00 Inverted yield curve49:00 Does the yield curve predict a recession?51:30 Bond market and interest conundrum58:00 The Forgotten Depression1:01:00 Setting up Grant's Interest Rate Observer
James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depression: 1921: The Crash That Cured Itself. Grant's television appearances include "60 Minutes," "The Charlie Rose Show," Bloomberg TV, CNBC and other well-known financial news sources. His journalism has appeared in a variety of periodicals, including the "Financial Times", "The Wall Street Journal" and "Foreign Affairs."
Jim Grant: Disinflation For The Short Run, Inflation For The Long Run added by Herman James on 02/16/2023View all posts by Herman James ?+'