JIM GRANT: “EVERY PRICE IS EXISTING IN THE FED’S WORLD OF SUPPRESSED OR MANIPULATED INTEREST RATES.”

CNBC, Released on 6/17/14

“Every price is existing in the Fed’s world of suppressed or manipulated interest rates.”

“You can’t just lie once. You can’t just intervene once. You must keep intervening to negate or counteract or mollify the effect of earlier interventions,” he said.