Jim Rickards, the New York Times best - selling
author of Currency Wars and The Death of Money, recently discussed his latest book, The New Case for Gold, during a reinvent.money hangout.
This statement had much to do with the recent devaluation of the Japanese Yen and the
fear of a currency war emerging as countries seek out a weaker currency to help stimulate domestic growth.
-LSB-...] of the Currency Wars (Real Time Economics) How Often Do Stocks and Bonds Decline at the Same Time?
During that time, through subsequent letters, I wanted to make it clear the country was hoarding its gold to protect itself against the self - imposed devaluation of its own currency as a
result of the currency war.
David Cameron attempted to stymie the
talk of currency wars dominating the agenda as the G20 summit in Seoul seeks to find a lasting solution to the financial crisis.
Perhaps the most unappreciated or underappreciated set of changed circumstances for most investors to deal with is the rising
specter of currency wars.
«Everyone knows what's going on,» says James Rickards,
author of Currency Wars: The Making of the Next Global Crisis.
Its surprise devaluation also triggered other governments to drive their currencies lower, roiling financial markets and spreading
fears of a currency war.
Business Insider executive editor Sara Silverstein sits down with Jim Rickards, the editor of Strategic Intelligence and the author
of Currency Wars: The Making of the Next Global Crisis.
Jim Rickards, author
of Currency Wars, spoke about a meeting that he had with senior officials at the US Department of Treasury.