Wednesday, October 16, 2013

Money printing will end badly

There is an artificial sea of liquidity right now. America, Japan, Europe, England are all printing money as fast as they can to debase their currency. This is an artificial liquidity boom. The people getting the money are very happy. It will end very badly. Eventually the markets are going to say we are not going to take your garbage paper.

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).