Showing posts from November 10, 2011

James Rickards author of The Currency Wars on The Keiser Report Nov 10, 2011

Max Keiser interviews James G. Rickards, Senior Managing Director, Tangent Capital Partners, LLC, New York City, on Gold, Geopolitics and the Gold Standard about his new book - Currency Wars: The Making of the Next Global Crisis...The currency race to the bottom can be stopped by a smart country developing new technology (go through the patent office .Jim Rickards sees the potential for both deflation and hyperinflation and explains that it will depend largely on the actions of the Fed, with Bernanke leaning more in the direction of more money printing. They talk about the value of gold and discuss how to measure it... duh) and produce a new technology that the rest of the world is eager to buy ... simple dimple ... the greedy banksters do not want new technology they want fresh crisp digital money ... printing digital money is not economic activity .