Description

David Stockman, director of the Office of Management of Budget under President Reagan and mas­ter 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’s the harm?

9:01 Requiem for a #bond bull market

15:30 Sell what the #central banks are selling

Subscribe to Grant’s Podcast on iTunes, Stitcher, iHeart Radio and Google Play Music. Grant’s Interest Rate Observer is available at http://www.grantspub.com

 

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit grantspub.substack.com