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The Fed watcher who called the 2007 housing bubble expects interest rates to stay high for ‘much, much, much longer.’ It’s payback for the unsustainable ‘free money era’ - Fortune
12/9/23 at 11:00am
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Fortune
Author
Will Daniel
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Jim Grant of Grant's Interest Rate Observer believes it will take years to undo the kinks from a decade of ultra-low interest rates.
Finance
Fed
Jim Grant
Interest Rate Observer
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https://fortune.com/2023/12/09/jim-grant-interest-rates-bubble-capital/
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