172. Our Monetary Mandarins

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Jim Grant on the dollar, the Fed, and the future.

As America’s top export, the dollar is a global powerhouse that is still losing market share to that legacy monetary brand – gold. When we have had enough of the Bank of Bernanke, we will move forward to the simple, humble and workable people’s money – gold.

Jim Grant is editor of Grant’s Interest Rate Observer.

Also mentioned in the podcast: The Road to Serfdom.