Well, welcome to Grant's interest rate observer of the air.

I'm Jim Grant, and with me as always is Eric Whitehead.

To my left, he is the engineer.

And there's Evan Lorenz, the great Evan Lorenz deputy editor of grants and Phil Grant,

the proprietor of almost daily grants, and directly across from me

is Montana Skeptic. Hey, Montana. Pleasure to be here. Thank you. Yeah, we have had Montana's cousin,

Connecticut credulous on before. I think I believe anything. I regret. I missed him, but I've

Thanksgiving dinner must be a trial, your place. Anyway, I'm going to introduce Montana as he chooses to be introduced.

He is a man of parts.

He manages a billion dollars and more for a family office, bonds, equities, hedge funds, what have you.

He is a Yale trained lawyer who practiced for some 30 years, although I'm going to, I think

it's a typo. I'm going to guess

perhaps 10 years judging by your youthful countenance.

Good that it were. Yeah. And so it comes to us through the law and through a certain mindset,

as is evident in his nom to, not plume exactly, but nom to tweet. And I see that his symbol,

the individual and the spirit that

animates him and is posted is Galileo. And so it moves, said Galileo in Montana. The stock called

Tesla, it too moves, right? Is it moving in the right direction? It moves and it levitates and

levitates endlessly levitates

endlessly and there is no right or wrong. It's utterly detached from any metric we have ever

been familiar with, save the insane metric of endless QE and ZERP for the past few years.

So you're embarrassed, are you? That's a great question. I am cautious right now because Tesla is aiming to have a supernova Q3, and it's in desperate condition.

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