Friday, January 20, 2012

James Rickards on The Currency Wars

Jim Rickards gives valuable insight into the current economic conditions and talks about the role he thinks the IMF and its global SDR will play in the years to come, and if the latest bailout 600 billion euro Italian bailout rumor may be just the opportunity for the IMF to step up as a player in the global currency war.James G. Rickards is the author of the book : Currency Wars. The making of the next global crisis.James Rickards advocates for a return to the gold standard in his book "currency wars," Jim Rickards compares the current economic climate to that of the 1930's and he briefly mentioned the Weimar republic and how their stock market had an initial strong rally due to the money printing.

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