Jim Grant offers a great analysis on Quantitative Easing and the Federal Reserve.

11/3/10
Bloomberg Interview

Jim Grant offers a great analysis on Quantitative Easing andtheFederal Reserve. The Federal Reserve is a manipulator of asset prices. Absolutely sees asset bubbles. Iowa farmland selling for over $9,000 per acre. When these bubbles burst, people should write nasty letters to Bernanke personally as he is responsible for the bubble (s). The banking system inclusing the Federal Reserve is hugely levered.

The Federal Reserve is in a state of panic.

Jim Grant interview with Henry Blodget

Jim Grant, one of the country's premier financial analysts and historians, has had a front row seat on Wall Street for more than three decades. Unlike most people who work on Wall Street, moreover, Jim actually works on Wall Street: His office is right across the Stock Exchange.

A former Barron's staff writer, Jim founded the beloved Grant's Interest Rate Observer close to 30 years ago. Even in an age of 24/7 online news, the publication remains one of the leading authorities on debt, bonds, Japan and the economy.

Jim has a stuffed bear in his office and a sinking-Titanic paperweight on his desk. We sat down with him recently for an exclusive interview to discuss an array of issues, including a possible bond bubble, the state of the union, and the economy.

Watch below the full half-an-hour interview. We'll be publishing highlights from it over the next few days.

This interview is part of our Inspiring Performers series, presented with limited commercial interruption.