“The Soviets had ... built an early warning radar system with computer linkages using a primitive kind of AI code-named Oko. On… — James Rickards Copy Share Image
“If an economy has a stagnant labor force operating at a constant level of productivity, it will have constant output but no growth. The… — James Rickards Copy Share Image
“The 1962 Cuban Missile Crisis came well before the current age of AI, yet computers were in use and technology played a critical role… — James Rickards Copy Share Image
“It is one thing when prices drift downward over time due to innovation, scalability or other efficiencies. This might be considered “good” deflation and… — James Rickards Copy Share Image
“A country running deficits under the gold exchange standard could find itself like a tenant whose landlord does not collect rent payments for a… — James Rickards Copy Share Image
“This ... he largest financial bailout in history ... was not just a bailout of SVB [Silicon Valley Bank]. It was a bailout of… — James Rickards Copy Share Image
Derivatives serve practically no purpose except to enrich bankers through opaque pricing and to deceive investors through off-the-balance-sheet accounting. — James Rickards Copy Share Image
“Printing dollars at home means higher inflation in China, higher food prices in Egypt and stock bubbles in Brazil. Printing money means that U.S.… — James Rickards Copy Share Image
What does reflect reality very well is complexity theory, which comes from physics. I'm the one pioneering the idea of bringing it to capital… — James Rickards Copy Share Image
“On the whole, it is difficult to think of another government agency that has failed more consistently on more of its key missions than… — James Rickards Copy Share Image
“Elite support for so-called free trade is due to the fact that elites share a global perspective at odds with the best interests of… — James Rickards Copy Share Image
“The irony is that when you set out to remove bias you use your own possibly unconscious biases in deciding what's harmful and what… — James Rickards Copy Share Image
“The solutions to this systemic risk overhang are surprisingly straightforward. The immediate tasks would be to break up large banks and ban most derivatives.… — James Rickards Copy Share Image
