JIM GRANT OF GRANTS INTEREST RATE OBSERVER
Jim Grant är en mycket kunnig person som varit Guru sedan 1970-talet.
Citat från hans senaste intervju:
”The unmasking of the FED driven mis-allocation of capital is dire.”
“The FED is ever interested in doing something later. Rate hikes will be pushed back further as fear of allowing a free market in the most critical of prices - that of interest rates – would lead to the unmasking of misallocations of capital that will have come about through the levitation of asset prices.”
“If companies can´t fail, that means somebody else can´t start. “
“Behold the fruit of heavy-handed government manipulation.”
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