Best of Jim Grant on Money
Nice compilation of clips featuring the founder of Grant’s Interest Rate Observer. He talks Fed, monetary policy, the gold standard, and more. Bonus: Margaret Brennan is the interviewer in 2 clips.
Nice compilation of clips featuring the founder of Grant’s Interest Rate Observer. He talks Fed, monetary policy, the gold standard, and more. Bonus: Margaret Brennan is the interviewer in 2 clips.
Bill Fleckenstein of Fleckenstein Capital talks to Bloomberg about the Fed, precious metals, and the difficulty of shorting this market (and being long).
Skip to 5m for the relevant clip.
This clip is from the Occupy Oakland protests. Tear gas, as experienced “POV”, doesn’t look so mild as it sometimes appears on TV.
And despite claims to the contrary, this clip makes it clear that Oakland police are using “flashbangs” or “stun grenades”.
This is pre-austerity. Pre-budget cuts. Things will get a lot worse when food stamps (which 1/6 Americans receive today) get cut. And social security, and medicare, and pensions. Haircuts all around. And, most likely, quite a few riots.