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James Rickards

Portsmouth
As seen in: Apple Podcasts, Business Insider, The Economic Times, The Telegraph, arXiv, CNBC, Fortune, MarketWatch, Substack, U.S. News and World Report and
NY Times bestselling author: MoneyGPT, Sold Out, The New Great Depression, Aftermath, The Road to Ruin, Death of Money, Currency Wars, The New Case for Gold.
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Articles

Rickards: The Dollar’s Not Dying

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By James Rickards
| Daily Reckoning Verified
Last week’s financial media was full of apocalyptic headlines: “$40 trillion in national debt!” “U.S. debt in a doom loop!” “The end of the dollar is near!” Gold and bitcoin soared in lockstep with the dollar doom and gloom. If you took the headlines at face value, one would assume the dollar was already toast and U.S. Treasuries were worth no more than digital confetti. The truth is that the dollar’s position as the leading reserve currency is not in jeopardy.
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The DSA’s War on Wealth

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By James Rickards
| Daily Reckoning Verified
Communism is on the rise in the United States and has now entered otherwise mainstream Democratic Party politics. The Democratic Socialists of America (DSA) is on track to increase the number of its members in Congress from two to at least six in January, possibly more. That’s not including Sen. Bernie Sanders, who calls himself a democratic socialist.
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Tech Bros Run the Marxist Playbook

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By James Rickards
| Daily Reckoning Verified
Can Marxism offer a framework for understanding artificial intelligence (AI) and the tech bros behind it? This is not to suggest that Marxism is a viable economic system or a practical alternative to capitalism. It’s not. But Karl Marx was a heterodox economist before he became an ideologue, and some of his ideas are powerful tools for understanding economics, even if his overall program was a failure. Let’s use some of those tools to understand the rise of AI oligarchs and the future of AI.
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