James Rickards

Director, James Rickards Project, Editor, Strategic Intelligence

Incoherence in the International Monetary System

About the Topic

"From 1944 to 1973, the international monetary system operated under the rules of the Bretton Woods agreement, which used a gold-dollar standard. After 1973, the world operated on a de-facto dollar standard, sometimes call "King Dollar." This standard was supported by Republicans (such as James Baker), and Democrats (such as Robert Rubin) alike. The dollar standard was abandoned in 2010 and a new currency war emerged. Today the international monetary system has no anchor, no coherence, and is heading for collapse with dangerous implications for U.S. national security - and for investors." - James G. Rickards

About the Speaker

James Rickards is the Editor of Strategic Intelligence, a financial newsletter, and Director of The James Rickards Project, an inquiry into the complex dynamics of geopolitics + global capital. He is the author of The New Case for Gold (April 2016), and two New York Times best sellers, The Death of Money (2014), and Currency Wars (2011) from Penguin Random House.

He is a portfolio manager, lawyer, and economist, and has held senior positions at Citibank, Long-Term Capital Management, and Caxton Associates. In 1998, he was the principal negotiator of the rescue of LTCM sponsored by the Federal Reserve. His clients include institutional investors and government directorates. He is an Op-Ed contributor to the Financial TimesEvening Standard, New York Times, and Washington Post, and has been interviewed on BBC, CNN, NPR, CSPAN, CNBC, Bloomberg, Fox, and The Wall Street Journal.

Mr. Rickards is a guest lecturer in globalization and finance at The Johns Hopkins University, The Kellogg School at Northwestern, and the School of Advanced International Studies. He has delivered papers on risk at Singularity University, the Applied Physics Laboratory, and the Los Alamos National Laboratory. He is an advisor on capital markets to the U.S. intelligence community, and the Office of the Secretary of Defense, and is on the Advisory Board of the Center on Sanctions & Illicit Finance in Washington DC.

Mr. Rickards holds an LL.M. (Taxation) from the NYU School of Law; a J.D. from the University of Pennsylvania Law School; an M.A. in international economics from SAIS, and a B.A. (with honors) from Johns Hopkins. He lives in Connecticut.