| |||||||||||
Wealthtrack: James Grant – Fed’s easy money policies will wreak havoc
This week on Wealthtrack, Consuelo Mack talks to James Grant, editor of Grant’s Interest Rate Observer. He explains why he believes the Federal Reserve’s easy money policies will wreak havoc on the economy and markets. Grant discusses the dangers of inflation creep and how to protect portfolios against is. Note: The transcript of this interview is not available yet, but will be posted here as soon as it arrives. Source: Wealthtrack, April 15, 2011. 1 comment to Wealthtrack: James Grant – Fed’s easy money policies will wreak havocLeave a Reply | |||||||||||
Copyright © 2021 Investment Postcards from Cape Town - All Rights Reserved |
Reading between the lines of Bernanke’s statements as relayed by Grant, it looks to me as if Bernanke may be trying to prepare the country for unavoidable inflation. Despite his wording about inflation targets, the Fed may actually be trying to paint the inevitable (or already occurring) inflation as something it has planned for and welcomes.