Friday, April 15, 2011

Better for China to open its currency market

Jim Rogers : I think it’s better for China to open its currency market as soon as possible. This is not 1981; this is 2011. China is a strong and independent country now, and they don’t have to worry about the currency. It would be good for China and the 1.3 billion Chinese. Everything China imports will go down in price. You have to have a convertible currency to have a strong international economy. China is doing it but I think they could do it faster. - In ChinaDigital

It Will Be Difficult To Stop Inflation says Jim Rogers

It Will Be Difficult To Stop Inflation said famed investor Jim Rogers recently
Jim Rogers : “But with U.S. pouring gasoline over the fire, it’s going to be much more difficult for anybody to stop inflation. America is fanning it as best as it can, and it’s going to get worse.” - in www.myloansconsolidated.com

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