RWH062: Bubble Warning w/ Jim Grant
We Study Billionaires - The Investor’s Podcast Network
How the Fed Could Change Under Political Pressure
William asks about the Fed; Jim explores political influence, potential rate policy shifts, and implications for the dollar and yield curve.
William Green chats with Jim Grant, famed editor of Grant’s Interest Rate Observer. Here, Jim warns that a major market top is forming as exuberance inflates stocks, Bitcoin, and gold. He says it echoes past bubbles and urges extreme caution.
IN THIS EPISODE YOU’LL LEARN:
00:00:00 Intro
00:10:40 Why Jim Grant is fiercely skeptical about Bitcoin.
00:19:25 Why you should be wary of all the hype about Private Equity.
00:35:50 Why Jim expects the AI boom to end in “a panic & a crash.”
00:44:13 Why even the shrewdest speculators never know when it’s time to sell.
00:49:50 What the Federal Reserve is likely to do with interest rates.
00:57:53 Why the dollar seems poised to continue losing value.
01:04:28 Why inflation will persist, fueled by perennial flaws in human nature.
01:09:50 Why Jim loves gold but is starting to worry about its meteoric rise.
01:19:01 Why he owns some bonds, despite his grim prognosis for this asset class.
01:23:39 How bull markets attract sleazy salesmen & bear markets clear them away.
01:25:56 What inspired him to write a new book about two 18th-century heroes.
01:59:34 How studying history helps him appreciate some benefits of modern life.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
- Inquire about William Green’s Richer, Wiser, Happier Masterclass.
- Jim Grant’s website for Grant’s Interest Rate Observer.
- Subscribe to Almost Daily Grant’s, a free (almost) daily commentary on financial markets.
- Check out Grant’s Current Yield Podcast, which is co-hosted by Jim & his colleague Evan Lorenz.
- Emanuel Derman's book, My Life as a Quant.
- James Grant's book, Bernard M. Baruch: The Adventures of a Wall Street Legend.
- Jim Grant's book, Friends until the End.
- William Green’s book, “Richer, Wiser, Happier” – read the reviews of this book.
- Follow William Green on X.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter.
- Check out our We Study Billionaires Starter Packs.
- Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
- Browse through all our episodes (complete with transcripts) here.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS Support our free podcast by supporting our sponsors:
- Simple Mining
- Human Rights Foundation
- Unchained
- HardBlock
- Linkedin Talent Solutions
- Kubera
- reMarkable
- Onramp
- Netsuite
- Shopify
- Vanta
- Public.com
- Abundant Mines
- Horizon
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
The AI-powered Podcast Player
