WE SEEM TO HAVE MISCALCULATED

Source: Jim Grant’s November 2014 speech at the Cato Institute

Full keynote address below: (Grant begins at 10:00)

 

h/t @Not_Jim_Cramer

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2 Comments
Westcoaster
Westcoaster
December 6, 2014 10:57 pm

It’s pretty long but what I got was, all the smart guys fucked up, you can’t handle debt by conjuring money out of thin air. Oops!

Golden Oxen
Golden Oxen
December 7, 2014 10:03 am

A Financial genius for sure. Jim Grant is just awesome. Top Shelf material.