Wednesday, October 24, 2018

Yes the Federal Reserve did go crazy in the past

On US President Donald Trump recent criticisms of the Fed chairman Jerome Powell's interest rate decision.

"The truth is the Federal Reserve did go crazy a few years ago and drove interests rate down to zero which had never happened in history. Now, they are trying to get sanity back and raise them to the proper level” 

Jim Rogers is an amazingly smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.