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Home > Hidden Forces > Jim Grant reflects on the History of Interest Rates, the State of Markets, and the Future of Finance
Podcast: Hidden Forces
Episode:

Jim Grant reflects on the History of Interest Rates, the State of Markets, and the Future of Finance

Category: Business
Duration: 0
Publish Date: 2017-06-12 03:00:00
Description:

In Episode 13 of Hidden Forces, host Demetri Kofinas speaks with Jim Grant. Jim Grant is a legend of the financial newsletter industry. Once the editor of the yield column in Barron’s, he would leave in 1983 to found Grant’s Interest Rate Observer, two years after the sacred risk-free rate touched just under 20%. This is a level that seems nearly impossible to fathom in today’s world of near-zero and even negative, interest rates. Having observed, reported, and opined on markets for almost 50 years, Jim Grant represents a bastion of experience and wisdom.

In this episode, we stop to listen. We stop, to remember a time in which the extraordinary measures and unprecedented actions of our monetary and fiscal authorities would have seemed unimaginable. We take a hard look at money. How does this shadow of wealth find its value? How is the rate of interest determined, and what is the role of financial markets in facilitating the discovery of that value? What happened, in 2008 and what are the consequences, realized and yet to be discovered, of those very extraordinary and unprecedented actions taken by governments around the world to douse the flames of deflation? What was done in order to contain the contraction and to prevent the discovery of prices? What does the future hold in 2017, what investments does one make and where might one find opportunity in these oceans of uncertainty?

Producer & Host: Demetri Kofinas

Editor & Engineer: Stylianos Nicolaou

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