Jim Rogers: They unleashing inflationary holocaust

[mtube620]

because cnbc love spouting garbage to the public.

[chrisMcG17]

LMAO ahhahahhahah go down to the bar and have a beer

Jimmy Rogers!

[aurafinejewels]

Jim Rogers is the man!!!

[whereismybailouttv]

Everyone who wants Rogers to come back please post now.

[marky1333]

HYPER-DEFLATION BABY!!!

[AKAGl]

Massive asset deflation/ commodity liquidation with epic monetary inflation in the tubes.

[marky1333]

More like Massive asset deflation/commodity liquidation with epic monetary DEflation in the tubes

[AKAGl]

How is the currency supposed to massively deflate (increase in purchasing power) when the government just committed 60% of our GNP to bailing out banks, which they can only fund through the printing press?

Not to mention what happens to all this fiat currency once it gets multiplied by the n'th degree from fractional reserve banking.

It's the very definition of INflation. There is no concievable way that it could not be inflationary to the dollar. Jim Rogers has it pegged.

[xaviqaz]

hey, just wait for 3 or 4 years

[morosi15]

The last guy who asked Jim a question...I still don't think he gets it. And quite frankly, so as the other two.

[TruthAxe]

Jim Rogers rocks! G7 guys "should go down to the bar, have a beer and leave us alone."

Collectivist Big Governmentalism of the West -- the USA, UK, EU countries -- these govts of the 20th Century are failures.

Legal Tender money system, deficit spending, war and welfare to placate voting blocs all comes to an end, eventually.

[rdiggity1]

no money down, i'm rick james

[americahashope]

"yea, but...." Idiots just can't hear the truth!

[beancube2008]

Why rebuild a failing model of paper money? It is so inconsistant, un-sensitive, and possession biased and narrowly connected.

[americahashope]

I was referring to the commentators. LOL! You are 100% correct.

[Quiltskate]

These clueless commentators just are stupid and they should know better than to have Rogers on if they did not want to hear truth.

How stupid can these people be?

[Quiltskate]

I guess this collapse- uh, excuse me, "deleveraging" :) came as a huge "surprise" to Paulson, Bernank, et al.

Sure it did. Could be they hid the M3 several years ago, saying it was not needed. They did not want anyone to see what was happening would be my guess.

Once again Mr. Rogers, like Dr. Paul, exercises common sense while DC and Wall Street pretend they are "solving" something.

We are taken for a ride once again as we are forced to buy the swampland they are selling us.

[v0teRonPaul]

Jim Rogers is awesome.

[Yourdeadmeat69]

YOU'VE HIT IT ON THE NOSE. 700B WAS HIJACKED 10/10/08 TO BUY BANK STOCK----BUYING FORECLOSED MORTGAGES, HELPING JOESMALLBUSINESSOWNER IS OFF THE TABLE. BANKS DON'T HAVE TO DO ANYTHING, THIS IS NONVOTING STOCK, ZERO LEVERAGE.

$250K fdic guarenteed by banks led to the single largest movement of funds out of MARKET in the history of business cycleS.

THAT ALONE, with the loss of the $700B where it would be helpful IS INSANE.

IF YOU'RE DOING SOCIALISM, JESUS AT LEAST DO THAT RIGHT!

[mkered]

This is the THIRD trillion dollar meltdown in the last twenty years. It's the same basic mechanism...the fraudulent over-valuing of financial assets by Wall Street - with a "wink and a nod" (and sometimes a lot more) from the White House and Congress.

Fraud #1: The so-called "Savings and Loan Crisis" of the late 80s - Junk bonds

Fraud #2: The so-called "Tech Bubble" of the late 90s - Internet companies

Fraud #3: The so-called "Credit Crisis" of today - predatory lending.

[mossretard]

the main factor is fiat currency being able to print with out anything backing up the dollar from 1932 to 1971 we did not have any asset bubbles, when we got off the gold standard in 1972 we have four since, the commodities bubble of the seventies, 1987, Tech Bubble, Real Estate Bubble, if you have a dishonest monetary system you have a dishonest financial system period

[loveisthevehicle]

Rogers consistently says the Fed/Wall St. leaders are clueless. What he won't say is that there's a method in this madness. This armageddon was planned (beginning at least 15 years ago, according to Ron Paul, when the banksters started monetizing our debt).

The banking cabal always engineers a crisis, which creates the confusion Rogers mentions. Their "solution" always puts more control in their hands.

OUR solution is stay away from the market, stop using credit, & restore honest money.

[gammabun]

i agree at some point, although i cant say when it started even though these reckless policies of printing money and creating inflaiton go back to the FEDs creation and more intensely in the 60's when Alan Greenspan was vice-rector (?) of the economic council under Gerald Ford.

Anyways this is a coup d'état of the world economic system by the bankers, it has been planned and it will succesfully concentrate the wealth of the world into fewer hands.

[ManufacturedThoughts]

M3 Growth - Economic Growth = Rate of Inflation

[glassvision]

Inflation holocaust,exactly. Now the people will have to suffer this. There was a pro accusing Jim on CNBC today about his comment. He's sure pissed that Jim is pointing out the system is collapsing. America is seeing the consequese for not electing the only one capable of solving this,Ron Paul. It ain't over yet. When consumer credit starts collapsing, no one can save it. It will be chaos.

[Macno76]

Es lebe Jim Rogers!

Jim Rogers for King of Bavaria!

Bavaria4RonPaul

PS:

Ron Paul does not want to. Its not allowed by the constitution

[Bmckalip]

Jim Rogers for President!!

[cchandler2423]

Jim Rogers is spot on again.

[the1337k1ng]

If there is one person I follow blindly it would be Jim.