monetary exchange and this was welcomed that with disdain in this financial times op ed that said beadman has never accepted the theories underlying the policies of the modern central banks and is reinforcing people's innate fears about the common currency so i want to bring jim grant back and he was talking about sound money before the break so i want to get his take i think it'll be a wee bit different than our friends over at the financial times op ed page so jim grant tell us is young men just fear mongering over money printing any need to get with the program and get on with modern central banking. well i think the president of the bundesbank is would simply reminding his audience of eternal monetary verities he was borrowing from the great growth than from the great growth for southeast in which the the devil whispers into the ear of the emperor that yes emperor you are a little short of gold however if you sign this document. i will see to it that you have more than enough money. even a little more of that more than enough and indeed money cascades off the presses and what proceeds