Jim Grant
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All Comments (9)
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"Financial war crimes show trial", "Self-exculpating nonsense"? Ambrosia. Nectar of the gods for those hungry for insight and truth.
Grant is a genius. He should come up with a stand-up routine for the economically literate.
It would be the high point of my life to hear him cut loose.
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The free market ideology is in conflict with traditional values. Such as solidarity. People are made responsable only for there own lives.
This undermines common interests. As the envoriment, overpopulation, hunger, oil usage. Future generations are going to accuse us of stupidity. The're probably wright. But like in the dark ages, it's hard to beat the spirit of the age...
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Greenspan, with all of his academic credentials and exalted economic status, is a complete and utter idiot in matters of real business and real "money". And unfortunately, that is the world that we live in, and the circumstances that control our lives.
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Thank you.
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Anyone who doesn't know that they are manipulating the free market system shouldn't be a central planner abusing other people's money.
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So the treasury has used the Fed as a personal banking backup and let the Banks continue to underfund and pay out huge sums of money to share holders. Greenspan was just the latest in a long line of Secretaries who did so. And in the process managed to ignore the Housing Market Bubble and the Feds Regulatory responsibility to limit such growth through interest rates. I would love to hear what Jim Says about Geithners illicit activities.
looks more likely to me Greenspan was wrong 100% of the time
pretorious700 1 year ago 5
i love jim grant.
badonkadonk34 1 year ago 2