James Grant: “Everybody I know, and I’m not just talking about 10 or 20 people, nobody could believe we even got this far. The laws…”

I didn’t want to do deadly force.

I said, ‘Get on the ground. Get on the ground. Get on the ground. Get on the ground.

I believe that the Fed ought to be doing much less than what it is doing, and it could do with many fewer economists.

I see a bubble in Treasury securities. I see a bubble in sovereign debts worldwide.