Jim Rickards: What Does the US GDP Drop Mean for Monetary Policy?

Fat Tail Investment Research, Released on 5/11/22

In this video, Jim Rickards discusses the 1.4% drop in US GDP recently, and what effect this will have on monetary policy going forward. Jim says there is no mystery around what the Fed is going to do; they are telling us in plain sight.

Jim Rickards is a lawyer, investment banker and economist with over thirty years’ experience in capital markets. He is currently Chief Global Strategist at Meraglim. 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. His latest book is The New Great Depression: Winners and Losers in a Post-Pandemic World.

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