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Home | Blog | Jim Grant: "The Federal Reserve Has So Little Self-Awareness..."

Jim Grant: "The Federal Reserve Has So Little Self-Awareness..."

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07/30/2014

...it un-ironically wonders aloud who's been suppressing volatility and compressing yields. "Who could it be who's been doing that?" Grant asks. Grant notes there are some investment opportunities in Russia and then says "One form of investment that is almost as thoroughly hated as Russia is gold and gold mining shares." He then explains that gold "is a sound inoculation against the harebrained doctrine of modern central bankers," and important when dealing with "the likely crackup" of modern monetary arrangements.

Video can be found here.

Ryan McMaken (@ryanmcmaken) is the editor of Mises Wire and The Austrian. Send him your article submissions, but read article guidelines first. Ryan has degrees in economics and political science from the University of Colorado, and was the economist for the Colorado Division of Housing from 2009 to 2014. He is the author of Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.

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