Jim Rickards: 'There's no inflation'

Six-time best-selling author Jim Rickards speaks with our Daniela Cambone about the road to economic recovery. They cover various topics, including Rickards' stance that deflation remains the greatest risk to the economy, despite reports of inflation. Rickards also talks about M2 skyrocketing- and how it coincides with the discontinuation of the Federal Reserve's money supply series, data that has been published weekly since 1970.

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 and The Death of Money. His latest book is The New Great Depression: Winners and Losers in a Post-Pandemic World.