Rickards: Treasury Poised To Go Short Dollar; Fed To Give Up On Inflation

Jim Rickards explains how the Treasury's quiet new $100 billion "line of credit" to the IMF is actually a "dollar short", and how the Fed's "NGDP-targetting" is effectively "giving up on inflation" in terms of the Fed's economic stimulus goals. Rickards makes clear the groundwork is in place, saying literally "this is not speculation".