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Wednesday, October 27, 2010

Grantham Q3/2010 Letter

Jeremy Grantham's latest missive.  Worth reading.  If you're short on time, read page 2.  Nothing really new here to those of the Austrian persuasion, but in short--cheap money creates misallocation of capital and bubbles....
Grantham October

Posted by Dredd Evry at 1:13 PM

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