James Rickards on the IMF becoming a Central Bank and the Fed becoming a Hedge Fund

[Cynthia5314]

James Rickard's citing of "the losers" in his assessment of IMF takeover of Fed central bank function, is better articulated as those most impacted by IMF austerity programs imposed upon the US. It is not sufficient to say the losers are those categories of social employment or even fixed income, as it is not a re-distribution scheme (although it does have an effect toward balancing inequalities in the global economic system as it is). This premise does not support his assessment of the IMF.

[beatDPJ]

IMF is under control of bankers in FED...

[SSTTEEAALLTTHH]

Hey Fed, I don't want your money or tyranny. It's bad enough I have to put up with ECB, IMF and WorldBank tyranny. Stay in the US, globalist scum.

[sickayda]

Ya will do what ever it takes to ruin America because because we don't live here, uhu we have to be able to squeeze every dollar from all the people of America and then inslave them while in the prosses will take all their rights from them so if they complain then will just take and make them dissapear to never be seen again, yes uhu its bad news for all of us exept us elite, uhu we have to keep gabling with all the billions.

ITS ALL CRAP PEOPLE WE ARE IN BIG TROUBLE TAKE BACK AMERICA!!!

[tommy0135]

Just throw dollars at it. It's worked so well before...

[ThoughtCrime7]

Hats off to those who saw it coming years ago - Alex Jones, Gerald Celente, Webster Tarpley. They said the IMF would become the bank of the world through a manufactured global financial crisis. No one can call them "conspiracy theorists" or "alarmists" or peddlers of "pessimism porn" now. Thanks to them I bought gold in 2006. The truth can be profitable!

[derfilmmacher]

@ThoughtCrime7 I bought gold in 2000 after Greenspan said he was going to hold interest rates below the inflation rate.

[kno1self]

I wish I was a diamond ring upon Lauren Listers hand

Every time she wiped her arse I'd be in the promised land

[zinkerled]

Whether SDRs or gold become the world currency you need to keep your money in gold in the meantime because the US dollar is certainly the loser.

[sickayda]

@zinkerled if you have money in the bank, get it out!!

[joepeeler34]

I agreed with everything he said for the most party. He got one thing wrong. Yes, we exported some our inflation, but we got plenty of it here as well. Has Mr. Richards gone shopping over the last 3-years? According to free market economists who track inflation using old CPI fixed basket of goods metric, prices have been rising at near 9% over the last 2-years.

It's all about to accelerate. MF Global was the canary in the coal mine. The banks are going down again. High inflation is coming.

[mphailey]

lauren lyster is quite a sassy, spicy young lass. I'm a big fan. Keep up with the real, no holds-barred reporting!

[wdcsucks1]

Loren, this is not fucken funny!!! the world is run by criminals and its no fucken game!!!

[3leopardsblue]

a central bank is mafia inc. the eurozone is finished yet these near animals wont let it go.

[enjoiwrx]

IMF & WORLD BANK are run by the Anti-Christ

[Musashi850]

@enjoiwrx lol here we go again 

[ACatal1]

IMF= International Mafia Federation

[ElvisWoods]

@ACatal1

Don't give the mafia a bad name...

[enginekid88]

this RT anchor journalist girl is way to beautiful and it harms the content of what she is saying. i am not joking. most of the viewers of RT are adult males. it's nearly impossible to concentrate on the important stories when a woman this beautiful is on the screen and talking. this seems crazy, i know, but it's the only time I ever thought I would say anything like this. cute news anchors come and go, but come on RT, this woman is way beyond cute. it's too distracting.

[Cabronosidad]

@enginekid88 Hahahaha! Have you talked to your therapist about this? I know I have.

My favourite fantasy is a 3-some with Laura & that beautiful creature, Barbara Serra, from l'll Jizearher.

What were they talking about again? ;-)

[goldgrif]

@enginekid88 @enginekid88 I guess you dont have the maturity huh? Or I guess being surrounded by hot women in my poly relationship is just jaded me

[DragonBoneStudio]

We don't fucking need another fiat money printing monster!!!!! If they will do it GIVE ME GUNS! I will fix it!!!!!!

[ignas777]

those fuckin bankers get 100-300 thousand euros per month, thats without bonuses. and we are bailing them out with our money!

[kcrone1]

Run those SDR's baby!!

[kcrone1]

You need to inflat to gain on exports, yes people it's that simple!

[udical]

@OldSchoolSkill yea supid poor idiot, chinese communist national bank is much better

[beltonism]

@udical Why would you let a private bank create money from a fraction of backing? If you ever want to be rich, all you do is become a banker or work for the most greedy one.

[udical]

@beltonism private bank private losses, public bank, public losses

[beltonism]

@udical Well, the whole socio-economic casino is built around private banks and governments are bailing them out all the time with public money by taxation. How is that a private loss? That is actually a private gain, a life-west provided without consent of the public.

[udical]

@beltonism yep problem is merger of private corporation and state, aka fascism on west, but even that is better than communism

[crumcon]

i like how this man explain it so easy for common people. unlike most economist using twisted words only their friends could understand

[Urgearhead]

I love this Woman''''

[xadam2dudex]

the IMF amd world bank are organized crime against the poor and the world in general...they loan money to poor countries knowing they can't pay it back then take over the country's resources when they default...export the all the jobs to foreign companies so that only the wealthy of the country and the banks & corporations benefit...The countries need to default and tell the bankers kiss our butts we don't owe u a dime for ur worthless money u created out of thin air

[turbotrana]

Sexy and brains . I just luv that James Rickards.

[NicosMind]

@turbotrana I actually lol'd. 11 thumbs up... one of them from me.. Would have given more but one is all that i can do! :)

[MysticPotato68]

@turbotrana LOL

[nigdean789]

@OldSchoolSkill

/watch?v=bui0Yyi27rM&list=LLKH­UWExs7SzQNp2rQS8QnSQ&feature=m­h_lolz

how fractional reserve banking works

[rei9707]

Cheaper dollar = higher inflation on goods we need.. evil basterds

[BTsmoke]

People who think Banks are evil = mentally ill.

[xadam2dudex]

@BTsmoke learn some history and learn how the banking system works ( FED ) and maybe u might understand how corrupt it is...it is a crime on a massive scale

[SomeFunkyDude79]

excellent interview, great guest to have on, very informative

[northshorgrl]

We never saw the inflation??? he hasn't been to the grocery lately, has he?

[BTsmoke]

@northshorgrl ..its not inflation just yet, food prices are rising because worldwide demand for food is rising in a burst thanks to countries like China Brazil etc who finally have improving economies, then there's oil prices which affect food especially, its a perfect storm that will drive business back to the land and food production is increasing.

[harveybirdmannequin]

Everybody likes to blame the banks and they are a problem but they are not the root problem.

The banks only have power if you go into debt to them. So why do people go into debt to bankers? When their wages cannot suffice. When the greedy capitalists always try to oppress the worker.

The wealth concentration was getting out of control. So the bankers said to the Legacy Capitalists let the workers go into debt to us or they will tear you limb from limb and you get to keep your money.

[ultimateguitarwizard]

@harveybirdmannequin buddy, love your screen name, but interest is the price of borrowing money not the "fee" to create money. Creating money, when it is not representative of increased assets, will ALWAYS decrease the value of said money. Pretty straight forward. Did you get that thing I sent ya?

[harveybirdmannequin]

@harveybirdmannequin

The bankers promised to devise a "fair" way to create new money. Debt with interest which is the "fee" to creating money. Depending on what enterprises the bankers spend the interest amount on they can control the economy.

Getting rid of the bankers just means giving power back to the Legacy Capitalists which always leads to outrageous wealth inequality.

It's a fight over using money as power over people.

Money power belongs to the people not any individuals

[harveybirdmannequin]

@harveybirdmannequin

Anyone who thinks gold is money is a chump.

The central bankers want gold to go up. You put money into gold that keeps the money out of circulation. No inflation which compensates for their money printing. No interest is paid for holding gold. The central bankers don't have to issue bonds at interest so less money printing.

If gold disappeared tomorrow, all that money has to flow into commodities that people consume everyday then you will really notice the inflation.

[BTsmoke]

@harveybirdmannequin .. every product produced or dug out the ground including gold must have a bank note written for it or allocated to it according to its worth at market at any given time but feel free to ignore this or misunderstand this and quickly go on in your delusions and deep ignorance...off you go, go now.

[Lanfeust22]

@BTsmoke I just think the delusion is upon the people who acctually think GOD gave ''value'' to an item..like YOU. Gold is worth as much as cow shit if this system didn't exist.

[harveybirdmannequin]

@Lanfeust22

Yeah I know right. The people with the gold fetishism are actually betting on the system collapsing. That's fine. That's like the ultimate capitalist still trying to make a buck as the world burns.

What puzzles me is why they assume that people would automatically go to gold & silver. I'm sure the Au&Ag holders want it but they will have a hard time selling the idea to others.

Of course, that's not to say I support the current private central bank model.

[BTsmoke]

@Lanfeust22 Value depends on demand, you know zero and that"s the problem with conspiracy dicks..............ignorance.

[Geostrategic1]

E.U. bankers just got free billions of our money.

[tirmen8er]

Components of growth.... 1. Consumption.

What? He didn't even mention production. What a fucking moron.

[overlogg]

Fuck the IMF....they are FRAUDULENT Enslaving technocrats!!!!

I wouldn't piss on an SDR...

[DanielShaysRebellion]

mark to market? can anyone say Enron?

[benaharris]

GLITCHED



[pmrd44]

Very good segment.

[derfilmmacher]

@OldSchoolSkill Dark ages = extreme evil. Right now the hedgefunds control the Central banks through credit default swaps. The central banks are afraid of systemic collapse.

[stretch34318]

the european politicians are playing right into the globalists hands, they are following their plan to a T. The globalists created the euro crisis going on now, and now the euro politicians are bowing down to the globalists by asking the IMF for money. problem, reaction, solution

[clarkbaker]

Wow. This guy nails it!

[Ihasmoarface]

IM JAMES RICK BITCH!

[GreatBigBore]

I'm afraid that we actually NEED the global economy to crash. Growth can't continue forever. We need a better way or we'll overuse everything and turn the entire planet into Easter Island.

[doverlin]

@OldSchoolSkill

Why would politicians abhor a central bank when they can spend (credit card anyone?) without taxing to balance expenditures? Analogy: Marine private is to payday loans as countries are to central banks.

[bamboo4tameshigiri]

FUCK these central banks. They are breaking the backs of first world country workers so that they can keep markets open to exploiting 3rd world slave labor.

[LillyofParis]

@bamboo4tameshigiri TO RIGHT !!! FUCK THESE FASCIST GLOBALIST BASTARDS!! JAIL THEM NOW!! ARREST THEM NOW!!

[bamboo4tameshigiri]

Central banks = ZERO sovereignty

[johnnycmajor]

You must throw that bum out O B O M B M A. you must we are getting close to a thermal nuclear war. Don't you all know. England owns it all. God save the Queen fuck the rest of ya all. You better wake up and wake up now. Obama has been backed by England. Yes get rid of the federal reserve but throw the bum out. Get him out of the White House not much time left. Damn I cannot be the only one that see's this.

[moseybear]

translation? Race to the bottom for USA. no surprise.

[bamboo4tameshigiri]

@moseybear BINGO! That is EXACTLY what is happening. 

[baalisgod666]

Print your own cash or borrow money from Communist China. Oh, You already bent over and took the cash? Romania might have some coins behind the couch.

[eyewitness043]

Rickards sums it up pretty good.

[TruthatCearcie]

This makes my butt hurt even more...

[jackcogswell]

Uncontrolled seemingly deliberate devalueing of the dollar that will further lower the standard of living for the middle class.In spite of what this piece of crap says inflation has been climbing over here in the states. Obviously this jerk doesnt leave his snug little nest and see what the reality of the real American economy is like. Just ask anyone that you see on the streets over here about inflation and get the truth.Not the high flying jerks that hunker down in their nests.

[PrometheusMovement]

i always saw the usa withdrawing from the un and moving relations TO (not away from) russia and china. a sort of pacific alliance. i saw our currency as something similar to the imf's sdr, sort of a basket of currencies with gold as its base. and with silver being a more respectable 15/1 ratio, the separation of private banks with investment houses, and elect a few politicians with balls, we may just get through this without allowing them to blow the whole thing up. but it will hurt regardless

[AllianceOfJerkOffs]

The RT/kremlin whore should spend some time trying to improve her dullard mind rather than spending hours spackling that ugly man face & dracula nails.

Go get raped up the ass, you treasonous bitch.

[Judeschwein88]

@AllianceOfJerkOffs

barbarian american pig. Guess what in Europeans think you are the dumbest people in the world. Equally dumb as poor countries who doesn't have education :) Go hang your self and make the world a favor!

[AllianceOfJerkOffs]

@Judeschwein88 Igor, learn English before posting on an American company's web site.

[baalisgod666]

@AllianceOfJerkOffs You said they were from the Kremlin and were traitors. Now you defend them against a Russian with bad english. Shame you weren't in the WTC.

[Judeschwein88]

@AllianceOfJerkOffs

I am from Germany. Majority of the things you have is original German inventions and many countries stole German technology during and after the war.

So what do you say in the US? nigga please?

hahaha monkey go and suck some bankers cock.

[baalisgod666]

@AllianceOfJerkOffs your a retarded troll with zero IQ.

[AllianceOfJerkOffs]

@baalisgod666 The masturbating teenager thought to himself:

What's a good channel name? Oh yeah, 666 & the devil. That's REALLY COOL.

Too bad you haven't been a teen for decades, yet are still living at home sucking your mom's teat.

[baalisgod666]

@AllianceOfJerkOffs oh that hurt. As much as your economy and the 5000 losers who died on 9/11. Satan rules the world.

[terrygand]

Keep printing paper cash and pretend `all is well` !!!!!  We are now certain to get Double Digit Inflation. Here we go, again.

[wwe107]

PA had 3 ACLU Centers last year. It has one open now and was not taking any new cases the last time I called (1 year ago).

[wwe107]

Lets not mention the tons of law suit settlements either. PA is bankrupt. Why won't the ACLU help me sue then???? It's all bullshit.

[ENDAMERICASOON]

Get ready for total collapse because they fired there last shot today. I am on my way out the door to get some more ammo and food. I will buy a few more ounce of silver tomorrow. Good luck everyone.

[SilverShux]

Really no issue here for the average person. 1. u either have money and sould switch all ur savings into real assets like gold or sillver. 2. u live paycheck to paycheck and therefor non of this matters as u are already screwed.

[lawes84]

Rickards is awesome!

[jdocks777]

I dont think she knows that the federal reserve is an independent agency. She must support austerity measures. See if Ron Paul ever has the smallest chance of winning, he might actually audit the independent federal reserve that is NOT federal. There PRIVATE! just ranting, sorry! : )

[anasthase100]

.

blablabla ...

.

[slhines7]

@anasthase100 What do you mean by stating blablabla?

[ghostKurt]

Here come the SDR's....

[TheReallitycheck]

Its not a fire hose, its a flame thrower.

[jdocks777]

imf = impossible mission force, lol! from the movies mission impossible. imf = international monetary fund, I think there getting what they want with there buddies from the central banks. Probablly why we rallied 490 pts today. Kicking the can down the road and the taxpayers will foot the bill no matter what country there from.

[badaboomrock]

the IRS is owned By the IMF, the IMF is the US treasury this is try to put Europe debt on American tax payer Because the the FED, IMF, IRS, are owned by USA we are bailing out the world again.