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Jim Grant: ‘Fed is insolvent’ and ‘it is leveraged 100 to 1’

CNBC, Released on 1/30/19

Jim Grant, the founder and editor of Grant’s Interest Rate Observer, and Judy Shelton, a former member of the Trump Economic Advisory Council, discuss the Fed rate hike decision with CNBC’s “Closing Bell” team.

James “Jim” Grant is an American writer and publisher and the founder of Grant’s Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depression: 1921: The Crash That Cured Itself. Grant’s television appearances include “60 Minutes,” “The Charlie Rose Show,” Bloomberg TV, CNBC and other well-known financial news sources. His journalism has appeared in a variety of periodicals, including the “Financial Times”, “The Wall Street Journal” and “Foreign Affairs.”

One Response to Jim Grant: ‘Fed is insolvent’ and ‘it is leveraged 100 to 1’

  1. dan sheehan Reply

    01/31/2019 at 10:42 am

    To be expected that after 3 Jewish Fed Chairs in a row…the totally bankrupt Federal Reserve which is guaranteed by the US Treasury is now handed off to a goyim

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