Thursday, June 07, 2012

Jim Rickards – Cheaper Dollar is U.S. Policy

Jim Rickards sees more quantitative easing ahead and other means to cheapen the U.S. Dollar as a matter of U.S. policy.  Not official policy, but policy nevertheless.  Rickards sees 2013 as the likely time for when the already baked in monetary inflation starts to become more apparent. 

“This (dilution of the dollar) is theft. This is Madoff on steroids.” – Jim Rickards  Much more in the video below courtesy of Casey Research. 

 

Source: Casey Research

http://www.youtube.com/watch?v=wa2xM9eJY4M&feature=player_embedded


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