Jim Rickards: Will Currency Wars Reorder the World?
Our guest this weekend is Jim Rickards, the author of the 'New York
Times' bestseller 'The Death of Money' and a well-known expert in
geopolitics and global capital.
Jim and Jeff discuss the
unfolding drama at the Fed, which can't decide when—if ever—QE will come
to an end. They also discuss possible endgame scenarios for liquidating
unprecedented amounts of sovereign, commercial, and household debt;
whether coming monetary shocks will present the IMF with an opportunity
to demand a global currency reset, and who wins and loses when the game
of musical chairs stops. This is a must-hear interview for anyone
interested in currency wars, central banks, and the unholy politics
behind it all.
Would recommend both of Jim's books. He clearly understands our debt based monetary system and also appreciates Austrian economics. One issue I would take issue with is the "wrong models" of the Fed. The Fed has the right models if their intentions are to deceive and misdirect. If the name of the Fed was changed to the Bank of Rothschild, Morgan and Rockefeller the true nefarious nature of central banking would be exposed. I am sure Jim knows this but is simply being polite and diplomatic.
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