James Grant, the founder and editor of Grant’s Interest Rate Observer, has been a distinctive, wittily acerbic voice on the financial scene for more than thirty years. A skeptic par excellence, he foresaw dark clouds in the apparently sunny economic skies before the 2008 financial crisis. Grant is as much a historian as he is an analyst of markets, and in this exclusive interview with The Octavian Report, he brings to bear his encyclopedic knowledge of history on the troubling conduct of monetary policy in the 21st century — and offers up some unconventional opportunities.
Octavian Report: Did you ever think you would see interest rates this low?
James Grant, financial journalist and historian, is the founder and editor of Grant’s Interest Rate Observer. His most recent book is The Forgotten Depression, 1921: the Crash That Cured Itself.