CNBC's Steve Liesman and James Grant, Grant's Interest Rate Observer, disagree whether the Fed's quantitative easing policy is effective. The Fed can change how things look, it can't change what ... more 
CNBC's Steve Liesman and James Grant, Grant's Interest Rate Observer, disagree whether the Fed's quantitative easing policy is effective. The Fed can change how things look, it can't change what things are, argues Grant. less 
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Tue, Dec 17, 2013 7:52 AM EST