Watch the full 29-minute interview at http://www.goldmoney.com/grant-interview. James Grant of Grant’s Interest Rate Observer (http://www.grantspub.com/) and James Turk of the GoldMoney Foundation discuss the fiscal profligacy of the US government. A solution to debt levels could still be found if the political will existed. US strengths and positive momentum could still be harnessed to save the dollar if people’s eyes could be opened. However they conclude that every paper currency in history has eventually gone to zero.
