As Japan marks 20 years of ultra-low rates, Jim and Phil take a look at monetary policies around the world. Jim shares his current reading list.

 

1:47 How long's secular?

3:50 Negative interest rates: a compendium

10:36 Grant's book club

14:57 The Fed's solvency, or lack thereof

Subscribe to the Grant's Current  Yield Podcast on iTunes, Stitcher, iHeart Radio, Google Play Music or listen from our website, www.grantspub.com