James Grant: The United States of Insolvency

from misesmedia

Our guest this week is James Grant, founder and editor of ‘Grant’s Interest Rate Observer’. Jeff and Jim discuss Jim’s recent cover article in ‘Time’ magazine, and the reaction it received from Krugman and others on the left. They also discuss comments recently made by Ben Bernanke, who argued in favor of the Fed looking into helicopter money. When did fiscal and monetary sanity become a radical position in America?