Jim Grant says U.S. policy response is inflationary

| 15 April 2009 20:51

Jim Grant is definitely not in the deflation camp. He believes a robust policy response and enormous expansion in the Fed balance sheet is storing up monster inflationary forces which could take holding a recovery. As a result, he is quite bearish on treasury bonds. He also says “the dollar is not the worst brad of paper money.”

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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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