178
156 shares, 178 points





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James G. Rickards is an American lawyer, economist, funding banker, speaker, media commentator, and writer on issues of finance and valuable metals. He is the writer of Currency Wars: The Making of the Next Global Crisis (2011) and 6 different books. He lives in New Hampshire, USA.
https://en.wikipedia.org/wiki/James_Rickards

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10 Comments

  1. LOL we might have a slow down recession 2022 lol what does Jim think we are in now and have been the last year and a half. But Jim probably has a slave to do all his labor and buy groceries and cook and take care of the small labors.

  2. Velocity assumes that unspent money would have been left untouched, yet all money in the banks and insurances is vested, thus is working-capital. Thus the velocity argument only relates to minor insignificant sums in the pockets of people and as along as cash is allowed to exist. Thus the velocity argument is a lousy excuse of excess funding by the DNC and for confiscating all cash/liberties from all people for ever after. He is an admitted CIA agent thus must be suspected at all times.

  3. Love Richards but hate the ad saying to like the video so it can continue….because it doesn’t! It’s just another ad! Inaccurate misleading info is a Bad way to get likes .

  4. Have bought some crypto but still 30% in silver and gold. Chance still favors the prepared

  5. This isn't true. You only have to compare the charts over the last 100 years.

    Money supply and inflation go hand in hand, the velocity of money is irrelevant in comparison.

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