“The 1962 Cuban Missile Crisis came well before the current age of AI, yet computers were in use and technology played a critical role in the form of U-2 spy plane photos that showed Soviet missile installations in Cuba. Protocols… — James Rickards Copy Share Image
“The Soviets had ... built an early warning radar system with computer linkages using a primitive kind of AI code-named Oko. On September 26, 1983, ... the system malfunctioned and reported 5 incoming ICBMs from the United States. Oko alarms… — 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
![“This ... he largest financial bailout in history ... was not just a bailout of SVB [Silicon Valley Bank]. It was a bailout of over fifty thousand SVB depositors with over $170 billion in deposits. It was a bailout of SVB's customers, it's employees, their suppliers, and the entire high-tech…” quote by James Rickards](https://sms4smile.com/quotes/img-quotes/385/james-rickards-25234_around-the-world_this-he-largest-financial-bailout-in-his_360776.jpg)
