Jim Grant: The Fed May Have Raised Rates into a Recession

Jim Grant is the most moribund person in N. America. Nevertheless, he’s widely followed and respected in the interest rate world of librarians and yield scavengers.

Jim believes the Fed will “recant and reverse” its policy and enact another round of QE. Jim believes, deep down, the Yellen Fed are filled with a bunch of no-nothing assholes, better deserving to run iced cream’d parlours in Brooklyn, than the largest central bank the world has ever known.

Jim Grant’s bow tie game is strong and proper.