Jim Rickards Hits Back at Peak Inflation Criticism /p2
In part two of Jim Rickards’ discussion with our Daniela Cambone, the NYT best-selling author said, “inflation can go a lot higher,” because the Fed cannot do anything about supply shortages ranging from food to oil. Real wages are, “negative, they’re going down,” and with rising inflation, people will not spend money elsewhere which can slow the economy further, he asserts. If the Fed continues down its projected path of rate hikes, “then they will cause a recession, it will absolutely happen,” Rickards predicts. He paints a grim picture of the coming digital dollar that can be seen as a, “totalitarian mechanism,” comparing the new technology to a full surveillance state which is already being played out in China. “Bitcoin is part of a larger digital environment that has erased the concept of money,” Rickards concludes, saying we are in a current state of “moneyness,” due to the definition of money being unknown.
-
20:00
Clownfish TV
13 hours agoGoogle Hurt ITSELF in Its Confusion!
3.32K9 -
24:20
Brewzle
18 hours agoWe Went Unicorn Bourbon Hunting In Louisville, KY
4.42K2 -
35:39
Degenerate Jay
16 hours agoGoldenEye 007 Saved James Bond - Movie Review
4.64K1 -
14:54
Mr Reagan
17 hours agoWE ARE ALL MAGA NOW
5.44K20 -
15:35
Space Ice
15 hours ago'The Beekeeper' Exposes The Dark, Gritty, & Violent World Of Apiculture - Best Movie Ever
4.13K13 -
3:29:53
SonnyFaz
20 hours agoEric Kelly Trains Sonny FULL STREAM
5.38K7 -
9:32
China Uncensored
10 hours agoBad Things Are Happening In Taiwan...
5.39K5 -
38:24
Tucker Carlson
7 hours agoTucker Carlson and Donald Trump Jr. Respond to the Trump Verdict
65.9K362 -
2:01:47
Fresh and Fit
8 hours agoAfter Hours w/ & Tommy Sotomayor
148K293 -
34:19
Alexis Wilkins
14 hours agoBetween the Headlines with Alexis Wilkins: The Verdict and More
39.6K30