Are you a pessimist or an optimist towards the state and the economy of the world? Do you think we are finally at the bottom, and we are slowly climbing back up? Or do you think the worst had yet to come? In this episode, I had a conversation/ mild debate with Jim Rickards, an American lawyer, economist, investment banker, speaker, media commentator, and author on matters of finance and precious metals  about the state of the economy right now. We talked about what is the Fed doing about inflation, what causes inflation, and we talked about the supply chain issue, and when did the supply chain issue start? Did it really start with the Russian-Ukraine war? The Lockdown? Or did it actually start with the trade war back in 2019? Also, how does the physical supply chain works? On top of that, we also talked about the outlook of the recession! Visit Notepd.com to read more idea lists, or sign up and create your own idea list!My new book Skip The Line is out! Make sure you get a copy wherever you get your new book!Join You Should Run For President 2.0 Facebook Group, and we discuss why should run for president.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.Thank you so much for listening! If you like this episode, please subscribe to "The James Altucher Show" and rate and review wherever you get your podcasts:Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.