05/29/2015 - Jim Rickards* on War on Cash, Repressive Interest Rates, Capital Controls, Potential Bailins

Latest Jim Rickards* interview with the Physical Gold Fund .. Rickards covers several aspects of financial repression happening – from the war on cash, to repressive interest rates by central banks, to capital controls & potential bail-ins, bank account freezes, how the zero interest rate policy (ZIRP) is taking money out of the pocket of savers & giving it to big banks .. very interesting: Rickards sees a time coming when the magnitude of the next financial crisis will be bigger than central banks can create liquidity for – he says in 1998, Wall Street bailed out a hedge fund, then in the financial crisis, central banks bailed out Wall Street, but in the next financial crisis, the IMF will be needed to bailout the central banks .. 1 hour

LINK HERE to the Podcast

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