Bloomberg Business, Released on 2/2/16
“What’s really driving it is income inequality – wage stagnation.”
“Gold is starting to trade like money, which is a vote of no confidence in central bankers.”
*Sorry about the small video player. This is Bloomberg’s new format and it can’t be enlarged
Jim Rickards is a lawyer, investment banker and economist with over thirty years’ experience in capital markets. He is currently Senior Managing Director at Tangent Capital Partners LLC. 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.