12/01/2016

Dollar Shortage: ‘Never Enough Money’ Out There – Jim Rickards

Jim Rickards has a unique insight on the economy and global monetary policy.  I concur with his thoughts in the article below.
"(Kitco News) - Instead of focusing on China and the struggling equity markets, one best-selling author turned his attention to a bigger issue, which he refers to as “the dollar shortage.” 
“[S]ince 2009 there has been far more dollar-denominated debt created than dollars. There are not enough dollars to go around. The losses will be enormous,” warned Jim Rickards, author of Currency Wars and The Death of Money, in his latest blog post for West Shore Funds Monday." 

No comments:

Post a Comment