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We Study Billionaires - The Investor’s Podcast Network

TIP138: Jim Rickards (Part II) - Currencies, the Euro, and Central Banking (Business Podcast)

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.63.6K Ratings

🗓️ 13 May 2017

⏱️ 53 minutes

🧾️ Download transcript

Summary

Jim Rickards is the New York Times Best Selling author of multiple books on finance and macroeconomics. In this episode, Jim shares his thoughts on various topics concerning investing around the world.


In this episode, you'll learn:

  • Why Jim is a bull on the Euro and whether or not it can replace the Dollar
  • Why the world would be better off with a fixed exchange rate system
  • If a new currency that few have heard about will replace the monetary system as we know it
  • Why high economic growth won’t be happening in the US anytime soon

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Transcript

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0:00.0

You're listening to TIP.

0:02.4

Hey, how's everybody doing out there?

0:04.3

So this is our second part interview with Jim Rickards.

0:07.5

If you missed the first episode, I highly recommend that you go back to the previous episode and listen to it.

0:12.8

Quick background on Jim.

0:14.2

If you haven't listened to our first episode, Jim is a graduate of Johns Hopkins University.

0:19.3

He has a doctorate from Penn.

0:21.2

He also went to New York University School of Law.

0:24.1

He's written multiple New York Times bestselling books.

0:27.1

And he's one of our most popular guests on the show because of his comments about the Federal Reserve,

0:32.3

different ideas about macro and where he sees the general economy going.

0:37.6

In this episode, we will have a very detailed discussion about currencies.

0:42.2

In a world where everyone seems to be a bear on the euro,

0:45.6

we'll talk about why Jim is bold and whether or not the euro might end up replacing the dollar.

0:51.7

We'll also investigate if the world will be better off with a fixed exchange rate system.

0:56.9

The way it used to be.

0:58.5

And finally, we'll revisit the idea of replacing the current monetary system as we know it with gold and SDR

1:06.9

and why it seems to be a more and more popular solution.

1:11.3

So without further delay, we're going to jump right into this episode.

1:14.7

So if you guys are ready to do this, let's go ahead and hop to it.

1:21.1

You are listening to the Investors podcast where we study the financial markets

1:25.8

and read the books that influence self-made billionaires the most.

...

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