Tuesday, April 8, 2014

You Cannot Revive An Economy By Printing Money

You cannot revive a country or an economy with printing money and debasing your currency. That has never worked in the long term or even in the medium term. And building more and more debt, that has never worked too.

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).