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 Pittsburg, Kansas | Jim Rickards (of LTCM fame days) interview talking about the economy and the administration drive to be able to manage the debt. Is he correct? Danged if I know. Kind of hope he is.
https://m.youtube.com/watch?v=ViCFttI9-LU&t=6s&pp=2AEGkAIB
Key is growth????
I personally think inflation is baked into the cake. Whatever happens.
His views on gold come in about minute 19. Also talks about the dollar as global reserve. Says China is not dumping. They actually want more.
Talks about narratives that are incorrect.
Dollar shortage looming? Says Fed isn't flooding the economy with money. Commercial banks create money, the Feds money doesn't go anywhere. Around minute 25.
Agree with him or not, worth listening to if you are interested in the overall economy. Things to watch see as the future unfolds.
Currencies information around minute 50.
Don't listen if you don't want to have to think.
Edited by John Burns 2/20/2026 07:49
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