James Grant, Paul's choice for FED chairman, gives CNBC an earful (video)

[Highstreet]

http://video.cnbc.com/gallery/?video=3000077329

James Grant, Grant's Interest Rate Observer, explains why he thinks the Fed's new bond-buying program will do more harm than good.

This video is great! Grant really knows his stuff and how to package it in a few minute interview.

Not surprising this is a Ron Paul guy!

 

[ohgodno]

great job by him here.

 

[Simple]

Awesome interview. Ron Paul has some smart friends. +rep

 

[1836]

Imagine him as Fed chairman!!!

 

[Muttley]

Great interview from a brilliant guy. This is the kind of leadership we need!

 

[unknown]

These people are the Generals in the Ron Paul Army.

Untouchable.

Truly on another level with regards to their understanding of the harm being done by centrally planned economics via the "Federal Reserve".

Ron Paul uses the 1920 example OFTEN.

"Malinvestment". Great word. Often used by a Medical Doctor turned self taught economist.

 

[Lisa100]

At the end of the video, there is a statement on the screen that says that he is Bullish on Single Value Homes.
Does that mean he thinks home values will increase?

 

[PeteinLA]

Jim Grant FTW. Great interview.

 

[Johnny Appleseed]

no way can you argue against a guy with a bowtie