Tuesday, May 10, 2011

The United States is debasing its currency

Jim Rogers : " The United States is trying to drive down the value of its currency , it is trying to debase its currency no country in history that has a history of debasing its currency has done very well in the long term or even in the medium term , sometimes it works in the short term , sure you can revive you economy by devaluing your own money but that's not a good policy ..... "