Tuesday, January 28, 2014

The Fed Will Get Scared

"Remember the people in Fed are just bureaucrats and academicians, they do not know much about the real financial world. When markets start falling on tapering, the Fed will get scared and start printing more money. All this is bad for the global economy, as printing of money has never worked in the long term." - 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).