Jim Rickards: Washington Needs Inflation, Here's Who Pays

Jim Rickards says Washington benefits from inflation. For people trying to protect their savings, that creates a very different problem. In this Kitco News interview, Jeremy Szafron asks Rickards who could drive gold’s next move, why he thinks China needs dollars even as it reduces its Treasury holdings, and what happens when the government’s debt problem collides with the saver’s need for stable purchasing power. Rickards explains why he believes central-bank buying supports gold, what cou...