Printing Press Debt: James Grant's Remarks on America's Fiscal Crisis

Calvin Coolidge Presidential Foundation
Calvin Coolidge Presidential Foundation
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Published 2024-03-15
James Grant delivered remarks at the pre-conference reception for the Coolidge Foundation's 2024 national conference, America in Debt, on March 6. New York Sun editor Seth Lipsky introduced Mr. Grant, with former Senator Phil Gramm and Representative Lloyd Smucker offering comments afterward.

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All Comments (6)
  • @NoLegalPlunder
    "Market-determined interest rates inform; manipulated interest rates misinform." Spot on.
  • @illegalsmirf
    lol @ the 19th century aesthetic of the whole event
  • @elvispresley3234
    I completely and thoroughly disagree with Gramm. Countries and individuals DO get into trouble and go broke by creating too much money, and spending too much money. Not being able to service it is simply the effect. There's ALWAYS a first domino, and printing too much is that first domino i.e. the ENABLER of all thereafter. I find it interesting that he makes the statement about countries and individuals re the creation of money not being the problem, and then goes immediately into Obama's etal spending which is nothing more than one end of the creation cycle. Creating too much money enables the real culprit which is unwise human behavior for most people. I love Gramm and all the others though, and this is such a fantastic video.