Friday, October 25, 2013

Few Americans Know What Quantitative Easing Is

It`s pretty astonishing to me, there was a poll done recently, and very few americans even know what Quantitative Easing is. Very few americans have any clue about the debt situation. They just don`t know. So in circumstances like that, it`s fairly easy, if someone goes on TV with a nice suit, a nice hair cut and says "The sky is blue." Well, everybody says, my goodness, the sky is blue. They don`t even bother going to look out the window to see if its blue.

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).