Jim Grant, publisher of Grant's Interest Rate Observer, talks about the impact of the Fed's policy of low interest rates and quantitative easing on financial markets and the U.S. Economy.
Jim: "..grown children have a uh kinda naughty phrase they say "beer goggles" uh meaning the uh uh charitable perception that comes over one after a pop or two with respect to a member of the opposite sex" ..... Tom; "Really?!" A pop or two???!! His G rated view of affairs makes me think if he is considering beer as pop then he is underplaying the actual tragedy of the greed throughout the world when it comes to stock, shares, bond etc. A sheltered life will have a sheltered view.
Jim: "..grown children have a uh kinda naughty phrase they say "beer goggles" uh meaning the uh uh charitable perception that comes over one after a pop or two with respect to a member of the opposite sex" ..... Tom; "Really?!" A pop or two???!! His G rated view of affairs makes me think if he is considering beer as pop then he is underplaying the actual tragedy of the greed throughout the world when it comes to stock, shares, bond etc. A sheltered life will have a sheltered view.
aliconnolly 2 weeks ago
lol, Jim is awesome.
pretorious700 6 months ago
Jim and Tom look like brothers
youngchung2 7 months ago