Thursday, August 22, 2013

India: Exchange Controls Are Bad

"The measures taken by the government are hopeless, they are making things worse. The measures for exchange control are bad, and the restrictions on gold are making things worse." - in Economic Times

Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).