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James Grant is an respected critic of the Federal Reserve and American monetary policy. His journal, Grant's Interest Rate Observer analyzes credit markets from a view that is frequently not reported in the mainstream media. He is also the author of Money of the Mind (1992), The Trouble with Prosperity (1996), John Adams: Party of One (2005) and Mr. Speaker: The Life and Times of Thomas B. Reed, the Man Who Broke the Filibuster (2011). Mr. Grant lives in New York City and serves on the boards of several organizations.