Free money is the enemy of free markets
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David Stockman, director of the Office of Management of Budget under President Reagan and mas\\xadter 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\\u2019s the harm?
9:01 Requiem for a #bond bull market
15:30 Sell what the #central banks are selling
Subscribe to Grant\\u2019s Podcast on iTunes, Stitcher, iHeart Radio and Google Play Music. Grant\\u2019s Interest Rate Observer is available at http://www.grantspub.com
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