america well it's all for debt by returning to the gold standard let's take a listen to what jim grant told king world news jim how will the u.s. finally resolve its deficit problems well if my mind will resolve them necessarily so i undertake the steps storyteller to prefer to kill you because we have forty years of failed result of. the distro and the only way to do it is to reinstitute currency convert a filter which was right there put. something like. honestly you know to school for it right well the dollar will never be restored to any respectable place in a global economy it will become extinct and the gold standard will still be talked about as the dollar is replaced by a global currency probably an s.t.r. related bank or a type b i yes denominated global unit of exchange and are going to try to float another one hundred trillion dollars of the bad debt and this war between paper pushers and the psychos on wall street and the gold bugs like jim grant will continue and the price of gold will continue to go higher i must just came out and said gold going to sixteen hundred dollar

america well it's all for debt by returning to the gold standard let's take a listen to what jim grant told king well jim how will the u.s. finally resolve its deficit problems will it my mind will resolve necessarily want to take the step of restoring the dollar billion we have forty years failed pre-sold the better. tool and the only way to do it is to reinstitute critique it particularly which would right there. like. discovered right well the dollar will never be restored to any respectable place in the global economy it will become extinct and the gold standard will still be talked about as the dollar is replaced by a global currency probably an f.d.r. related bancorp type b i s denominated global unit of exchange and are going to try to float another one hundred trillion dollars of the bad debt and this war between paper pushers and the second those on wall street and the gold bugs like jim grant will continue and the price of gold will continue to go higher gee if m.f. just came out and said gold going to sixteen hundred dollars this this year on it's way to ten thousand dollars

silver the hell with them they're not worth saving here's one person looking to resolve the situation jim grant america well he's all for debt by returning to the gold standard let's take a listen to what ten grand told king will do jim how will the u.s. finally resolve its debt and deficit problems will my mind will resolve them that's a fairly funny undertaking. story john or to convert abilities because we have forty years of failed we sold this matter of kids that are true and the only way to do it is to reinstitute critique it particularly which was right there with the road like. oh that's funny you know for sure. right well the dollar will never be restored to any respect of all placed on the global economy it will become extinct and the gold standard will still be talked about as the dollar is replaced by a global currency probably an s.t.r. related bank or type d.i.'s denominated global unit of exchange and are going to try to float another one hundred trillion dollars of the bad debt and this war between paper pushers and the psychos on wall street and the gold bugs like jim grant wil

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granted now. >> what was the significance or tell us about the westpoint football game. >> oh, yes. fast forward to 1912, jim's last season with the industrial school. >> was he well-known as a college athlete? >> yes, by this point he is. 1911 -- it's a long story, but leaves the school in 1909 to play minor league baseball in south carolina. baseball was the only organized sport then you could make a living career at. he doesn't do that well in baseball. he comes back to the school in 1911, bigger, heavier, in his 20s now. he hits the ground running and the football seasons ever 1911-1912 and the frabbing and field season of 1912 that preseeds the olympics, he's a phenomena, in all the newspapers and headlines and so by the time that west point game is scheduled, he's the talk of the nation, and, in fact, "sports illustrated" would say had there been a highsman trophy for example in 1911 and 1912, jim would have won it both years. one scheduled game which was a highly symbolic game for many, many reasons. west point is the army, and in that class of cadets are so many future world war ii lieutenants. he's a

granted now. >> host: what was the significance or tell us about the west point football game. >> guest: oh, yes. well, we fast forward to 1912. jim'slast season with the carlyle industrial school. >> host: was he well known as a college athlete nationwide? >> guest: oh, yeah. by this point he is, yeah. by 1912 he is, 1911. he comes -- it's a long story, and you have to read the book, but he leaves carlyle in 1909, goes to play minor league baseball in north carolina wanting to break into the major leagues because baseball was the only organized sport then that you could really make a living at or make a career. he doesn't do that well in baseball, so he's persuaded to come back to carlyle in 1911. he's bigger, he's heavier, he's more -- he's in his 20s now, he hits the ground running, and the football seasons of 1911 and 1912 and the track and field seasons of 1912 which then precedes the olympics in the summer of 1912, he's a phenomenon. he's all over the newspaper. he's in all the headlines. so by the time that west point game is scheduled, he is sort of the talk of the nation. and, in fact, point -- sports illustrate would say 2