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Jim Rickards: Recession is Coming
TRIGGERnometry
The Value of Cash in a Deflationary Environment
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Jim Boulden: Cash could be your best performing asset in a deflationary environment. He says the real value of cash is optionality, and this is not well understood. The BRICS plus are working on their own payment currency, he says. They haven't announced what it is yet, but they're working on it. But that's the end of the dollar's reserve currency; all those deals are payment currencies.
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