Friday, April 6, 2012

Friday Hottieconomics Post: Jim Rickards

Raising interest rates in stages to provide positive real returns to savers.
  • Banning over-the-counter derivatives that serve no role in capital formation but greatly increase systemic risk.
  • Breaking up too big to fail banks that pose systemic risk.
  • Offering real price stability. Two percent inflation is not benign, it is cancerous.
  • Create a favorable investment and growth climate by ending regime uncertainty in areas such as taxes, healthcare, regulation and other government impositions.