s the 100th anniversary of the creation of the Federal Reserve a cause for celebration or condemnation? Has the Fed, as Ben Bernanke said, “come full circle back to the original goal of preventing financial panics?” Two financial historians, James Grant and Richard Sylla, debate the benefits and dangers of the Fed and explore its history with us.
More info and full video below
JAMES GRANT
Founder and Editor
Grant’s Interest Rate Observer
RICHARD SYLLA
Henry Kaufman Professor of the History of Financial Institutions and Markets
Stern School of Business, New York University
Avoid Investment Losses Rules:
– Buy quality companies selling at deep discounts
– Invest with shareholder friendly managers
– Keep some insurance in the form of cash and gold for portfolio protection