3 Minutes Ago: Jim Rickards Shared some Terrifying News

jim Rickards talks about How to Predict What the Fed is going to do by understanding the Federal Reserve's actions. Jim Rickards explains the Fed's goal of raising interest rates to 3.25% before the next recession to have room for rate cuts. Jim Rickards argues that negative interest rates don't work and criticizes Ben Bernanke for not raising rates earlier in the economic cycle. Jim Rickards believes the Fed's rate hikes may unintentionally lead to the recession they aim to cure. Jim Rickards predicts that the Fed will raise rates four times a year until mid-2019, reaching 3.25%, with exceptions for weak job creation, disinflation, technical recession, or a disorderly stock market decline of more than 5%. Jim Rickards is an economist, lawyer, and investment banker with 40 years of experience in the capital markets on Wall Street. He is also a NY Times bestselling author and has written various book on topics like currencies, supply chains, surging inflation, monetary system, financial crisis, and precious metals. Rickard has advised various clients including government directorates and institutional investors. Thanks for Watching Finance Reborn, share this video to your friends if you find it helpful. Subscribe to our channel for daily videos on Investing, Economy, Finance, Stock Market, Building Business, and more.