Low interest rates are destroying the people that save and invest.
Pension plans, trust companies, insurance companies -- we’re destroying
all the people that save their money for a rainy day and now they are
being ruined… to bail out people who get it wrong -- who ran up huge
debts who didn’t have the money. We are ruining the country with this
idea.
Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.
