Jim Rickards: Inflation, Interest Rates, and China-Russia Relations
The Wiggin Sessions, Released on 3/6/23
The folly of the Fed's 2% target and the consequences on the economyJim shares what he sees as a tough road ahead for stocksThe difference between demand-pull and cost-push inflation and the limit of the Fed to address supply-side inflationWhy financial sanctions don't work against large economies like RussiaThe missed opportunity by the US to ally with Russia to counter China's riseThe blunder of escalating support for Ukraine, the US media's biased, and the potential impact on the 2024 election cycleJim shares the possible threat of the China-Russia alliance on the US dollar.The danger of CBDCs (central bank, digital currency, or "Biden bucks") when used as targeted control and surveillance*The interview begins at 4:15
Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first ever financial war games conducted by the Pentagon. A frequent guest on financial news programs, Rickards is also the author of The New York Times bestselling novels Currency Wars: The Making of the Next Global Crisis
Jim Rickards: Inflation, Interest Rates, and China-Russia Relations added by Herman James on 03/06/2023View all posts by Herman James ?+'