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Jim Grant - There Will Be a Day Reckoning for All of This Easy Money Policy

February 25, 2013 | About:


Grant thinks it is a foregone conclusion that all of this money printing is going to end badly. In the short term it feels great as stock and real estate prices go up, but in the long-term we will have a price to pay.

Grant thinks the end result of all of this irresponsible money policy will be a return to the gold standard following a collapse in the currency.

When does Grant see this happening? Two years ago is his tongue in cheek answer.

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