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James Grant's talk to the Fed
Read by Richard Martin (Audio Only)
, "Rules of the Game" , "The Key to the Gold Vault", "The True Gold Standard", bankers, banking supervision, Board Research Division, capitalism, deflation, Depression 1920-1921, Federal Reserve Bank, fiat currency, gold, gold standard, Grant's Interest Rate Observer, James Grant, Jim Grant, leverage, monetizing debt, money, open market operations, paper money, price stability, QE, quantitative easing, Richard Martin, risk analysis, Ron Paul , Senator Carter Glass, speculative interests, The Fed, The Federal Reserve Act, The Great Depression, The Wake Up Call , Wall Street
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From "The Wake Up Call"
"We have socialized the risks of finance..."
James Grants explans how the Fed has gone from a Central Bank (something that's needed) to Central Planning for the Economy (not need, not wanted and not recommended.
"Deflation is a derangement of debt..."
For more Central banks videos, click here
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