On his blog Lew Rockwell posted November 3 appearance of James Grant on Bloomberg.
Grant provides his opinions about the Fed, its assumption of much more economic responsibility, and quantitative easing, or what we used to call, merely, inflation, or as Grant puts it, printing money. Grant is the best financial writer working today and everything he says is worth listening to. His remarks about deflation and Bernanke's being an expert on the Great Depression are alone worth the price of admission. Treat yourself to this.