Jim Grant, the legendary editor of Grant’s Interest Rate Observer, joins Real Vision for a wide-ranging discussion about the role of money and credit in the economy during an era of massive central bank intervention. Grant discusses the global economy in the context of $15 trillion in negative-yielding sovereign debt — and explains the fundamental risks to the capitalist system caused by interest rate distortions and mounting stockpiles of corporate debt. Filmed on October 4, 2019 in New York.