Monday, May 6, 2013

Jim Rogers: Currency Wars a race to bottom

The Japanese said "We will print unlimited amounts of money.' So Bernanke[USA] said "Oh my gosh, I can do that, too.' Then the English said "Well, wait a minute guys, we can play, too.'
So now you have nearly everybody printing a lot of money" - in a competitive way.

Jim Rogers

Warren Buffett

Nouriel Roubini