Part 7/9:
While economic mainstream perspectives view tariffs as inflationary, Rickards argues that they are structured to benefit the economy by protecting domestic manufacturing jobs and reducing reliance on foreign production.
Gold Prices and Sustainable Wealth
Another significant point Rickards discusses is the impact of global economic dynamics on gold prices. As central banks around the world continue to buy gold as a safeguard against economic volatility, Rickards notes that increases in gold prices may reflect a lack of confidence in traditional fiat currencies.