The Federal Reserve Is The Vampire Squid Of Vampire Squids

Jim Grant, the author of the Grant’s Interest Rate Observer who often times talks about the federal reserve and has jumped on the Ron Paul bandwagon lately desiring a return to a gold standard did an interview with Bloomberg Magazine.

An interview where he calls the Fed, a vampire squid of vampire squids.

No I couldn’t even make up this good of commentary.

“And people get off on Goldman Sachs because it has done this and this, it is pulling wires… The Federal Reserve is the giant squid of squids, it is the vampire squid of vampire squids.”

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