Nouriel Roubini also known as Dr. Doom Nouriel Roubini,decided to ask James Rickards, author of "Currency Wars," why he advocates for a return to the gold standard in his book "currency wars," when it was this return to gold that was a direct cause of the Great Depression. James Rickards responded by pointing out that it was not the return to gold, but rather the return to gold at the pre-WWI price that necessitated deflation, which exacerbated the depression. Nouriel then went to town on Rickards with, what became, full out, personal insults. He called James Rickards "arrogant" and said that the Wizard of OZ is a better read for those who want to understand the gold debate than Currency Wars
NOURIEL ROUBINI BLOG tracks the media appearances of Dr Nouriel Roubini his interviews articles debates books news speeches conferences blogs etc..Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Showing posts with label James Rickards. Show all posts
Showing posts with label James Rickards. Show all posts
Thursday, July 25, 2013
Sunday, June 9, 2013
James Rickards on Roubini Gold $1000/oz Forecast
James Rickards, author of "Currency Wars: The Making of the Next Global Crisis" spoke w/ Kitco News' Daniela Cambone to counter Nouriel Roubini's prediction that gold will drop to $,1000 by 2015. The two have been known to debate openly on Twitter and never shy away of sharing their opinions. See what Rickards has to say about Roubini's six-prong analysis as to why he thinks gold will drop and why Rickards thinks market fundamentals may prove otherwise. Kitco News, Feb. 25, 2013
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