Jim Grant and Kelly Evans on CNBC Discussing the Federal Reserve
Watch it here. Very well-respected newsletter writer Jim Grant supports ending the Fed.
This is great for economic freedom. For him to be allowed to talk at length and uninterrupted with an intelligent interviewer means the jig is almost up for the Fed.
Ron Paul is going to the hall of fame with Andrew Jackson as a central bank destroyer.
2 comments:
His reference to the 1920 -1921 period is quite misleading. The conclusions drawn from that period, were wrong and as they relied on that strategy in 1929 (liquidition policy) they caused the Great Depression.
So in fact the 1920-1921 experience is a good starting point to understand the GD
Nonsense, government meddling caused the great depression.
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