Jim Rickards : The FED should have raised Interest Rates years ago
Boom Bust’s Edward Harrison interviews Jim Rickards, editor of
Strategic Intelligence and author of “The Death of Money.” Jim offers
his analysis of the IMF’s decision to classify Russia’s $3 billion loan
to Ukraine as ‘intergovernmental,’ and why the Federal Reserve should
have raised interest rates years ago instead of this week. Jim also
discusses the potential for a Chinese devaluation and the coming of
so-called “helicopter money” as a policy response to a weak economy.
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