~ Jim Grant, "Pillars of Faith", Grant's Interest Rate Observer, September 7, 2007
Oct 21, 2007
Jim Grant on central banking
The ultimate pillar of faith is confidence in the emissions of the world's central banks. It is as strong today, we judge, as was confidence in the judgments of the ratings agencies only last spring - just that strong.
~ Jim Grant, "Pillars of Faith", Grant's Interest Rate Observer, September 7, 2007
~ Jim Grant, "Pillars of Faith", Grant's Interest Rate Observer, September 7, 2007
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