RWH012: Fear the Fed w/ Jim Grant

<p><strong>IN THIS EPISODE, YOU’LL LEARN:</strong></p><ul><li>18:35 - How the Great Inflation of 1965-81 shaped Jim Grant’s views on our current predicament.</li><li>25:31 - How history shows us that human behavior around money has never really changed.&nbsp;</li><li>30:50 - Why it’s futile to forecast interest rates, but wise to know what’s happened in the past.</li><li>42:53 - How the Federal Reserve sparked rampant inflation, why it’s scary, &amp; how to deal with it.</li><li>55:16 - How central bankers illustrate the perils of overconfidence &amp; the need for humility.</li><li>1:03:20 - How the Fed could wreck the U.S. economy while attempting to tame inflation.&nbsp;</li><li>1:07:01 - What investment opportunities Jim sees in this high-risk economic environment.</li><li>1:10:43 - Why he’s bearish on bonds as a 40-year cycle of falling interest rates comes to an end.</li><li>1:19:40 - Why Jim likes gold, not Bitcoin, as a protection against financial chaos &amp; monetary folly.</li><li>1:35:07 - Why he adamantly refuses to invest in China.</li><li>1:28:47 - What Jim thinks of great investors like Seth Klarman, Paul Tudor Jones, &amp; Bill Miller.</li><li>1:36:14 - How to handle the emotional challenge of investing when the stock market is tumbling.</li><li>1:40:57 - What we can learn from Bernard Baruch, one of the best investors of the 20th century.</li><li>1:44:22 - What you can learn from a classic investment book about the secret of “dying rich.”</li><li>1:53:10 - What Jim regards as “the most precious commodity” in life.</li></ul><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li>Jim Grant’s website for <a href="https://www.grantspub.com/" rel="noopener noreferrer" target="_blank"><strong>Grant’s Interest Rate Observer</strong></a><strong>.</strong></li><li>Subscribe to<strong> </strong><a href="https://www.grantspub.com/resources/commentary.cfm" rel="noopener noreferr