CNBC, Released on 6/11/20
Benchmark interest rates are near zero and Fed Chairman Jerome Powell says they’ll likely stay there for a while. Jim Grant, founder and editor of Grant’s Interest Rate Observer, joins “Squawk Box” to discuss.
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.”
Jim Grant on the market’s response to the Fed’s economic outlook added by Herman James on
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Amazing!! CNBC has cut-out Mr.Grant reference to gold and silver, the two PM’s that will indicate by their rise that the FED’s game is over. That deletion must be intentional and reveals the dishonest attitude of the MSM against the PM’s.