Jim Rogers graduated from Yale University and has a degree in philosophy, politics and economics from Oxford University. Jimmy Rogers became a Wall street legend when he and George Soros founded the Quantum Fund.After his career as a hedge fund manager and investor,Jim Rogers now periodically teaches finance at Columbia University, and appears regularly on the CNBC Cable Network.
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 ..... "