Time Stamps00:15 Grant's Investment Conference at the time of COVID02:00 Modern Monetary Theory and how it fits into the real world09:33 Austrian School of Economics vs Keynesian12:30 The curious case of the Depression of 1920-192116:35 Where does this end?21:46 COVID and the Gravity of the problem28:25 Jim's childhood and youth: Navy and College36:45 Career in journalism39:40 Starting Grant's Interest Rate Observer: funny and educational stories50:50 Not Contrarian for the sake of being Contrarian56:00 The 40 years of Interest Rate bear market01:00:00 On Jim's book "BAGEHOT: THE LIFE AND TIMES OF THE GREATEST VICTORIAN"
Jim Grant, economist and the Founder / Editor of Grant's Interest Rate Observer (financial magazine), has developed a CULT following among Wall Street financiers, investors, and economists. In this episode we discussed his view on Modern Monetary Theory and how it differs from Keynesian and Austrian Schools of Economics; Jim's take on COVID; the history of Grant's Interest Rate Observer, and Jim's life and career. NOTE: unfortunately the sound quality was not on par with the fantastic content that Jim provided.
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."