Comments on: JIM GRANT SAYS THE FED KNOWS NOTHING http://pragcap.com/jim-grant-says-the-fed-knows-nothing Sun, 12 Feb 2012 09:05:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Son of Hades http://pragcap.com/jim-grant-says-the-fed-knows-nothing/comment-page-1#comment-22425 Son of Hades Fri, 23 Jul 2010 07:28:07 +0000 http://pragcap.com/?p=24020#comment-22425 People who are frightened confuse rudeness with power. Things will become much worse as their life savings evaporate, and they suddenly find themselves the serfs of the state, whatever that may turn out to be People who are frightened confuse rudeness with power. Things will become much worse as their life savings evaporate, and they suddenly find themselves the serfs of the state, whatever that may turn out to be

]]> By: rich http://pragcap.com/jim-grant-says-the-fed-knows-nothing/comment-page-1#comment-22419 rich Fri, 23 Jul 2010 04:35:26 +0000 http://pragcap.com/?p=24020#comment-22419 These comments are unreal... "protector of plutocracy?" Huh? Grant has raged against the massive redistribution of wealth that was the financial industry bailout. That comment is nonsensical. And then there's the guy berating Jim Grant to "learn about fiat money systems." Grant knows more about monetary history than I or any of you could ever hope to. These comments just demonstrate arrogance and willful ignorance. These comments are unreal… “protector of plutocracy?” Huh? Grant has raged against the massive redistribution of wealth that was the financial industry bailout. That comment is nonsensical.

And then there’s the guy berating Jim Grant to “learn about fiat money systems.” Grant knows more about monetary history than I or any of you could ever hope to. These comments just demonstrate arrogance and willful ignorance.

]]> By: Piotrek http://pragcap.com/jim-grant-says-the-fed-knows-nothing/comment-page-1#comment-22117 Piotrek Tue, 20 Jul 2010 00:24:17 +0000 http://pragcap.com/?p=24020#comment-22117 Yes Jim, it is just a theory, and a stupid one, called "quantity theory of money". There will be no inflation. Learn about fiat money systems. Most of the myths circulating come from the gold-standard mentality thinking, completely inapplicable in US case. Yes Jim, it is just a theory, and a stupid one, called “quantity theory of money”. There will be no inflation. Learn about fiat money systems. Most of the myths circulating come from the gold-standard mentality thinking, completely inapplicable in US case.

]]> By: Willy2 http://pragcap.com/jim-grant-says-the-fed-knows-nothing/comment-page-1#comment-22086 Willy2 Mon, 19 Jul 2010 19:02:55 +0000 http://pragcap.com/?p=24020#comment-22086 No, the USD is not a faith based currency. In the long run the USD will be as strong as the economy it's used in. And that doesn't bode well for the USD in the long run. No, the USD is not a faith based currency. In the long run the USD will be as strong as the economy it’s used in. And that doesn’t bode well for the USD in the long run.

]]> By: Jim http://pragcap.com/jim-grant-says-the-fed-knows-nothing/comment-page-1#comment-22039 Jim Mon, 19 Jul 2010 13:21:14 +0000 http://pragcap.com/?p=24020#comment-22039 Dismissing and ignoring him, posters, makes it easier on your own nervous psyches. Shadowstats posits we will flip very quickly from deflation to inflation to hyperinflation as foreigners dump USA assets. It's all just theory, right? Dismissing and ignoring him, posters, makes it easier on your own nervous psyches. Shadowstats posits we will flip very quickly from deflation to inflation to hyperinflation as foreigners dump USA assets. It’s all just theory, right?

]]> By: David Mills http://pragcap.com/jim-grant-says-the-fed-knows-nothing/comment-page-1#comment-22021 David Mills Mon, 19 Jul 2010 01:28:19 +0000 http://pragcap.com/?p=24020#comment-22021 Priceless eye-flutter / blank expression at 3:03 when Mr. Grant explains what a US dollar actually is.... a faith based currency Priceless eye-flutter / blank expression at 3:03 when Mr. Grant explains what a US dollar actually is…. a faith based currency

]]> By: Jon Bonanno http://pragcap.com/jim-grant-says-the-fed-knows-nothing/comment-page-1#comment-22020 Jon Bonanno Mon, 19 Jul 2010 01:15:24 +0000 http://pragcap.com/?p=24020#comment-22020 When on Bloomberg last week Grant screamed about the dangers of inflation while questioning the danger of deflation. What a jackass. Why is every guy that wears a bow tie a protector of plutocracy? When on Bloomberg last week Grant screamed about the dangers of inflation while questioning the danger of deflation. What a jackass. Why is every guy that wears a bow tie a protector of plutocracy?

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