Jim, Evan and Phil break down the watershed FOMC meeting this past week. Jim provides his updated reading list.
1:00 A startling announcement5:15 2003 redux10:08 E-Z money in the economy15:30 "Tools" and "frameworks" and "challenges"
James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depression: 1921: The Crash That Cured Itself. Grant's television appearances include "60 Minutes," "The Charlie Rose Show," Bloomberg TV, CNBC and other well-known financial news sources. His journalism has appeared in a variety of periodicals, including the "Financial Times", "The Wall Street Journal" and "Foreign Affairs."