Monday, February 1, 2016

Central Bank money printing will get worse

When the next turmoil comes, they’re all going to print money to save us, they’re going to get calls from all over the world saying civilization is coming to an end, and you must save us. There comes a time when nobody’s going to pay attention. That’s what I expect to happen. 

They’re going to try something new next time around, and it’s not going to work. I mean they work for a while, but it’s not going to work. And then, they’re all going to do their best, but their best is going to lead to ruination because the rest of us are going to say ‘we don’t want your garbage any more, we don’t want to place this game any more.

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.