James G. Rickards is an American lawyer, economist, and investment banker. A writer and regular commentator on finance, Rickards has been advising clients of an impending financial collapse, a decline in the dollar, and a sharp rise in the price of gold for years. Rickards is the author of The New York Times bestsellerCurrency Wars, published in 2011.
On January 29, 2012, on Bob Brinker's radio program, Rickards stated his belief that the U.S. has been in a depression since 2007. He backed this assertion by pointing out the existence of a major component of previously seen U.S. depressions, the prolonged high rate of unemployment.
Rickards' first book, Currency Wars: The Making of the Next Global Crisis, was published on November 10, 2011 by Portfolio, an imprint of Penguin Group. In it, Rickards argues that currency wars are not just an economic or monetary concern, but a national security concern. He maintains that the United States is facing serious threats to its national security, from clandestine gold purchases by China to the hidden agendas of sovereign wealth funds and that greater than any single threat is the very real danger of the collapse of the dollar itself. Rickards explains that the Federal Reserve is involved in what he calls "the greatest gamble in the history of finance," via a sustained effort to stimulate the economy by printing money on a trillion-dollar scale.
Rickard's second book, The Death of Money: The Coming Collapse of the International Monetary System, was released on April 8, 2014.