- Grant spoke recently to the NY Fed, where he told the Federal Reserve folks that they were doing everything wrong
- He is concerned about the “Unintended Consequences” of the Fed’s manipulative actions that are impacting asset prices across the board.
- Doesn’t like the Fed plan of boosting asset prices to make people feel good and spend money.
- The Fed is basically overriding the “price mechanism” and is manipulating prices, which is not capitalism.
- Prices should be based on value, not being determined by money printing.
- Grant is finding great value in single family houses.
- Grant thinks China is in the midst of a huge real estate liquidation, and that hopes of China leading the world in growth will lead to disappointment.
- Thinks a Republican winning the election this year would be very bullish.
- He is concerned about the “Unintended Consequences” of the Fed’s manipulative actions that are impacting asset prices across the board.
- Doesn’t like the Fed plan of boosting asset prices to make people feel good and spend money.
- The Fed is basically overriding the “price mechanism” and is manipulating prices, which is not capitalism.
- Prices should be based on value, not being determined by money printing.
- Grant is finding great value in single family houses.
- Grant thinks China is in the midst of a huge real estate liquidation, and that hopes of China leading the world in growth will lead to disappointment.
- Thinks a Republican winning the election this year would be very bullish.
