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Jim Grant on Bloomberg (22/6/11) - The 'PhD Standard'

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Uploaded by on Jun 23, 2011

Jim Grant of 'Grant's Interest Rate Observer' interviewed with Bloomberg on June 22nd 2011. He speaks about the unintended consequences of meddling with money. In his words - "'We have replaced the gold standard with a 'PhD Standard'"

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News & Politics

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  • Since I've been living in Thailand (2008) the US dollar has lost 19% against the local currency

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