Thursday, March 27, 2008

Injustice to savers

Video Jim Grant on Fed actions

Excellent interview. The desperate actions of the Fed accepting mortgage paper as collateral, when the US is not even in depression yet. The dollar is now a very risky asset because of this, especially if house prices keep falling. He calls the destruction of the dollars value an injustice to savers.

Posted by happyrenterz @ 11:33 PM (629 views)
Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>