Monday, August 28, 2017

The Absurdity of Low Interest Rates

It's all absurd. If 20 years ago we had said interest rates are going to go to zero and they're going to go to negative people would have said that's incomprehensible, that cannot happen and I explained it has been done by the central banks they would really say it's incomprehensible.

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).