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Famed Fed watcher expects interest rates stay high for 'much, much, much longer' after unsustainable 'free money era'

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. ....

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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'

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. ....

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The Land of Rising Yields — Part Two - Daily Reckoning Australia

The days of cheap money appear to be over. The cost of debt is rising, which explains why Fitch has concerns over a blowout in future Federal budgets. ....

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