Jim Grant with CNBC

[Serpo]

Jim Grant is simply brilliant in this must watch interview (http://video.cnbc.com/gallery/?video=3000077329#eyJ2aWQiOiIzMDAwMDc3MzI5IiwiZW5j VmlkIjoiY1NPZ00veGFNWTFuMHpWckdUVHdzdz09IiwidlRhYi I6InRyYW5zY3JpcHQiLCJ2UGFnZSI6MSwiZ05hdiI6WyLCoExh dGVzdCBWaWRlbyJdLCJnU2VjdCI6IkFMTCIsImdQYWdlIjoiMS IsInN5bSI6IiIsInNlYXJjaCI6IiJ9)with CNBC's Maria Bartiromo, which we won't spoil with commentary, suffice to provide the following pearl of an exchange:
Maria Bartiromo: "What are the alternatives?"
Jim Grant: "Capitalism is an alternative for what we have now. I highly recommend it."
Maria: "We all do."
Grant: "No we don't."
Maria: "The Federal Reserve may not."
Grant: "We ought to be discussing an intelligent move to a sound currency by which i mean a currency that is based on a standard and not at the whim and the discretion of a bunch of mandarins sitting around Washington D.C."
In other news, Joseph Stalin has never been happier in his grave that Ben Bernanke has decided to shoulder the legacy of central planning and is firmly committed to proving that where Vissarionovich failed, the ChairSatan will succeed. At any cost.


for vid..............

http://www.zerohedge.com/news/jim-grant-must-watch-capitalism-alternative-what-we-have-now

[EE_]

Excellent interview except for having to listen to that horrible old Jewish women Bartaromostein.
The truth seems uncomfortable to Wall Street shills.

[Serpo]

hehehe ...... how unusual

[mamboni]

Maria Buttaroma is Jewish?

[EE_]

Maria Buttaroma is Jewish?

Technically no, but let me put it this way...at the Hanukkah or Passover table in her home, there's enough Jews sitting there to make a Hitler movie. Along with enough gefelte fish, matzah, bagels and lox to open a Kosher delicatessen.

If you are close enough when she speaks, you can smell the Kishka on her breath.

Bartiromo married Jonathan Steinberg on June 13, 1999. Steinberg, the son of investor Saul Steinberg, is the founder and chief executive officer of WisdomTree Investments, a financial investment services company.