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Jim Grant - Fed Focused on Market Complacency

June 07, 2014

In the nineties we had the technology bubble that popped and was followed by the Federal Reserve applying extremely easy monetary policy.

That easy money helped create a second great bubble in the housing market. After that bubble popped, the Fed again flooded the world with easy money and incredibly low interest rates.

Are we on the verge of a third great bubble that has been created by easy money? Jim Grant discusses:

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