Saturday, October 29, 2022

Jim Rickards: 15% Inflation Ahead If Fed Pivots Too Soon


Jim returns for Part 2 of his interview with Stephanie Pomboy in which he explains that, should the Fed pivot back to easing before inflation is fully tamed, it risks re-igniting the CPI back up as high as a horrific 15%. 

He also shares his reasons for thinking that CBDCs are inevitable -- in fact, already in progress.

Thursday, October 27, 2022

James Rickards: The Recession That Will Change A Generation


Jim Rickards explains the 2022 recession and the economic conditions right now. He also elaborates on the U.S. dollar reserve currency status and shares a few history lessons.

Tuesday, October 25, 2022

Jim Rickards: A 2008 Style Liquidity Crisis and Recession Are the Big Threats Now


A financial crisis spreads just like a virus does. The contagion equation is the same. Shifts in narrative/confidence can cause fear to spread quickly – sometimes creating the bad outcome it’s afraid of (e.g., a run on the bank). 

Or sometimes the opposite (e.g., asset bubbles). The Fed pivot narrative brought a lot of capital back into the market, which resulted in the July rally. But the “logic” behind this narrative wasn’t necessarily correct. 

But it drove prices higher…until Powell brought the hammer down at Jackson Hole. The fundamentals can’t be dismissed no matter how much the market would prefer they could. 

The markets are dreaming of a ‘soft landing’, but Jim thinks it’s going to be more like a plane crash. The rate of change of the Fed Funds Rate is staggering. Never has it risen by such a big % this fast. 

This WILL shock the system. 

For example, bonds & housing are going to get clobbered. The damage these fast-rising rates are going to cause is going to be severe.

- Source, Wealthion

Friday, October 21, 2022

James Rickards: This is How The Fed Will Kill Inflation



Countdown To Crisis: How To Prepare for the Upcoming Economic Collapse


Jim Rickards is a former lawyer and investment banker turned economist and bestselling author who has correctly predicted a catalogue of unseen financial events that have taken place in recent decades.