Friday, November 29, 2013

Fed will have to try to cut QE

Eventually [the Fed] will try to cut [Quantitative Easing]; it will finally cause the collapse. At that point, we will have a big change, because they will throw them out, whether it's the politicians or the central bankers or whoever … and then we'll finally start over. But it may be really painful in the meantime.

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).