Free money is the enemy of free markets
Grant's Current Yield Podcast · Grant's Financial Publishing, INc.
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Show Notes
David Stockman, director of the Office of Management of Budget under President Reagan and master of mazy budgetary arithmetic, joins Jim and Evan for a scintillating discussion of fiscal and monetary matters.
0:00 The #Simpsons foreshadowing
3:20 Deficits and #debt monetization. What's the harm?
9:01 Requiem for a #bond bull market
15:30 Sell what the #central banks are selling
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