Jim Rogers Hyperinflation will consume us ...America is counting its last Breaths ...

[RHX2]

@Thepragmatic123

LOL, No Inflation - are you even paying attention to the news? High food prices, high oil prices.....what the fuck is all of that?

They know what will happen, but can't pin point an exact date.

[goldenthroat86]

@RHX2 Since this video, the inflation rate in the US has been the lowest it's been in decades. Don't you know that? And yes, those figures include gas and food.

2009: --.034% DEFLATION

2010: +1.64%

2011: +2.8%

[shaund1970]

Its now mid 2011 and the US is about to go into credit default, they have reached the 14+ trillion debt ceiling, Obama is the biggest fucking loser on the face of earth, World War 3 is upon us, Iraq, Afganistan, Lybia, Pakistan, next Syria, then Iran and the Saudi's and China is getting fucked off with the US too. My fellow Americans, you sheeple because of your voting way have become the most hated nation on earth. Its Ron Paul or nothing, the US is on the garbage heap.

[shaund1970]

Societies will fall badly under the fractional reserve banking system and a credit based financial system. PONZI SCHEMES DONT" WORK AND NEVER WILL AND GOVERNMENTS AND HUMANS ARE STUPID AND DON"T LEARN FROM PREVIOUS MISTAKES>

[huntinforit]

Obama just made us all SLAVES!!!!!

[MARISHKA242]

It'll happen...America just needs to be called out on its loans first and then when it cannot repay or refinance its debt well there u'll have it....the begining of inflation...interest rates have been held down artificially for way to long....atleast Germany has had the balls to not hold down theirs. Some States are right on track and keeping their budgets in line....kudos to them!!!

[1dgg9h4dr6ppp8]

Well, so far Jim Rogers is ABSOLUTELY WRONG. Inflation has been near zero for several years. If inflation does appear, the FED can raise rates more easily than ever in history.

[FurryPhysics]

@1dgg9h4dr6ppp8 nope inflation going up hyperinflation almost there. this recession make GREAT DEPRESSION LOOK GOOD

[AMERICAHELP1]

A man of reason, 

[RidleyReport]

To see more vids about hyperinflation, and specifically what New Hampshire folk are doing about it, click my channel. Then...come back and watch more Jim Rogers!

[Jacobrester]

This video is a great example of how the "experts" are often wrong.....Jim Rogers, Warren Buffett, Peter Schiff......all of them have been wrong on this hyperinflation nonsense

[kevreilly7]

@Jacobrester ---early does not equal wrong

[Jacobrester]

@kevreilly7 These doomsdayers make careers out of saying cataclysmic events are coming "in the future".......and in the mean time ....scared little goats run around purchasing their books and investing advice......we have to put some form of time limit on their predictions or it is not a predcition

[StatelessRich]

@Jacobrester People like Schiff and Rogers are predicting hyperinflation for sometime before or around 2015.

Please don't call them wrong until after then...

[Jacobrester]

@StatelessRich dude.....these doomsdayers have been saying hyperinflation since 2006.....they have been wrong the entire time

[StatelessRich]

@Jacobrester No, they have not been wrong, because they are predicting hyperinflation for some time within this decade. But I suppose when hyperinflation occurs, you would still say they were wrong for predicting it too soon, or whatever.

[Jacobrester]

@StatelessRich Gold will reach $1500/ounce within the next 10 years.....now you can tell everyone how smart I am.......LOL

[MARISHKA242]

@Jacobrester ...yes those wonderful days of hyper inflation....carter years....mtg. interest rates of 14-16% even for high credit scores.....you watch baby boy....seen it once and will most likely see it again....la la la.....atleast cd rates will be back to 7-8%......for the seniors.

[Jacobrester]

@MARISHKA242 I would give my right testicle for a 20 year 7% CD.....my point is....it has all happened before.....and although Odumba appears to be taking us down the same road with more severe circumstances......it is truly my hope the new rebellious congress that just got elected cuts this president off

[AirelonTrading]

Still haven't seen it. Hyperinflation.

Wake up people.

Please, I've been hearing the "Hyperinflation" story since 1983.

IT'S HOW THEY SELL YOU THEIR GOLD THEY BOUGHT AT $350

[mintoo2cool]

arnt we in deflation now? that is why we are pumping money ... and does it really matter if we pump just a few hundred billions into the global market? when dollar is reserve currency of the world ? i mean pumping 700 billion into a world that has hundreds of trillions at FOREX is like adding 1 more cent into a world where there is already 100 lying around ...

[mkc1979]

@mintoo2cool Now this is one thing that confuses me too but I think we are in a period of deflation now because the value of our assets are decreasing (i.e. house prices etc) but, in the Austrian school of Economics printing money IS inflation i.e. inflating the money supply decreases the value of the currency. As for the US dollar being reserve currency then search 'Robert fisk us dollar' and the theory of petrodollar warfare & you will see how the American Empire is hanging by a thread.

[justanoguy]

Tick tock, tick tock, tick tock....

[soundzero]

this news women is so fucking annoying. Get the drift! WE ARE SCREWED! why does it matter how long it will take to recover? LET THE FREE MARKET WORK ITSELF OUT!

[throwerofturds]

he keeps pounding the same message over and over and it all true . smart smart man

[moniequa]

People are not saving they are spending they're over spending let the government increase the taxes and let the hyperinflation begin.

[AllahConsciousness]

Fuck, I need to get more ammo. Last time I tried to buy 12 gauge at Wallmart and Sportsman's, they were fuckin' sold out! You should keep at least 1,000 slug rounds at all times these days.

[cramsa]

You better get some tangible assets soon like precious metals etc because you're gona be as broke as everyone else if you have a devalued dollar.

[omikron23]

You don't understand: Of course your leaders know that Rogers, Schiff, Faber and Celente are right. They know that the bailout will completely destroy the US, and that's exactly what the Freemasons want. Why do you think they are liquidating their assets in the US right now? Many of their temples are for sale. And no, they're not broke. I suggest you watch the Freeman Show. They want to create a One World Government, they've used the US as a tool, but now the US stands in their way.

[Consumerofknowledge]

@omikron23 We should kill the free masons then, they are enemies to america.

[Lamarrxyz]

It is always interesting for me to hear from Jim Rogers.

Things would be very different if Jim Rogers, Peter Schiff and Ron Paul were successfully advising the American administration on monetary policies.

[subz4155]

And Marc Faber and Gerald Celente as well.

[Lingerfoot]

AND Robert Kiyosaki and Peter Schiff. They are all awesome!

[Lingerfoot]

Please check out - The Venus Project. Peace!

[SilverRose09]

Jim,

I need your opinion. I have a piece of land. It is in a very turistic area in Monterey CA. It is not a city. Mostly farm and turism. Do you think it is too risky to get a construction loan for 200K and build a small 2 bedroom place and try to get a fixed rate before the hyperinflation hits? Selling is not an option as the price of the land is undervalued now and I own the land 95% free and clear. Or I should just don't worry about anything and take it easy.

[chaniwie]

jimmy i love ur bluntness man!!!

[codediporpal]

"the biggest debt bubble in history"

"most of the western world has no savings"

Mr. Rogers, DEBT OF ONE is SAVINGS TO ANOTHER.

Every dollar owed is owed TO SOMEONE. Surely you are aware of this basic fact?

The problem is all that "SAVINGS" is in the hands of the mega-wealthy like you and the 5% that own 85% of the wealth.

[rokuogun]

Mr codediporpal you are wrong on this front, rogers is right. your theory of DEBT OF ONE is SAVINGS TO ANOTHER is ok for a hard currency economy. Currently the debt has no saving backing it and that is what rogers is against. if you follow his advice you would be richer not poorer so I don't blame him for being rich.

hope you get it.

[codediporpal]

"Currently the debt has no saving backing it"

I suggest you take a peak at any banks balance sheet such as C. They have extended $1.9T of loans, and have roughly $1.8T of liabilities : mostly deposits, and bonds. All those $1.8T liabilities are ultimately owned by somebody and represent $1.8T of wealth. Whether you want to call that wealth 'savings' or not is a matter of semantics. This was true even in the days of gold standard.

[icfnord]

You clearly have no idea how banking works under central fractional reserve banking. The bank does not loan out your money to other people. When someone goes into a bank to ask for a loan, they create the money to cover it out of thin air.

[codediporpal]

Wow, did you learn about banking from youtube videos? I think I saw that one, where the guy move his hand over a hat and pulls out money? Great cartoon.

Explain this: why does the savings in a bank roughly equal the amount of money it has loaned out?

[icfnord]

>> Explain this: why does the savings in a bank roughly equal the amount of money it has loaned out?

It doesn't. That's not how fractional reserve banking works. Fractional reserve means that only a fraction of the money has to actually be held in savings (this is called the reserve requirement controlled by the Fed). They print the rest of the money, or more precisely, create digits in an account

Do a search for "Modern money mechanics" or "money as debt".

[Anythingwilldo41]

Lol codediporpal. Fractional Reserve banking means about 1/9th of the money inside the bank is needed to loan out. For example, bank has 1k, it can lend 9k and it gets this money from the fed.

[Ba101]

then try "Money Masters" -- t hat will take a few hours to watch: and if you don't think Youtube has quality vids to learn from, then try watching it on Google videos.

also try the book "The Creature from Jeckyll Island" or the speach by the author that can be found on google videos, I think he touches on that as well.

there are others though, I just can't recll the titles right now

[Ba101]

"Money as Debt" right here on youtube will help the poster you have answered to understand money of the past and the fractional reserve system of today.

[asus3571]

well brother i hate to break it to ya my father has run a bank for over 30+years and yes they do loan your money out

[icfnord]

You cleary have no idea what the words "fractional reserve" mean.

[asus3571]

yes i know what fractional reserve means i guess i should have worded it differently fractional reserve apply to the comercial secter my father business does not recieve any overnight loans and the central bank is not directly involed it is owned by the members and only the members really only applis to my bank kinda risky but theve been around many years and a few recessins and seem to come out of it ok

[iolanik]

So what happens when they debase the dollar? The small banks will get crushed!

[asus3571]

you are absolutely correct but i will know way ahead of time and as far as hes concerned hes old and ready for retirement

[moniequa]

his retirement may not be there for him don't be so happy.

[asus3571]

oh im not happy at all im terified for him and every other older person dealing w/this

[condorito29]

it isn't just the older folks who will be screwed.

only the merciless will survive this mess.

[Consumerofknowledge]

@condorito29 In times of fear and being pushed against a rock or wall, where ther is no way out...people do extreme things to survive.

[js1112111]

dollar dropping slowly makes people feel rich because prices go up like houses when the dollar goes down,people think they have more yet they have more of something thats woirth less than it was....Now when it goes rapidly people dont feel rich they realize that paper money is nothing more than paper and assets you can hide are extremely valueable,since we have a government raising taxes while prices are going up and a dollar going down.....there couldnt be a worse financial situation

[slickbtk]

first of all your father loans out "money" that is already fractional reserve fake money, second of all, I doubt that your fathers bank loans out money from customers savings and checking accounts and then doesnt let those customers withdraw or spend money untill it gets paid back. if your father is putting the same "money" in two or more places at once then it is not loaning out real money even if you consider a fed note real money.

[jdfox1]

TRADERS TEA PARTY !...

[Jasman2444]

Can you imagine a great depression with today's American society.  We're screwed!

[TruthLightSeeker]

Exactly! I agree! I think people today will not be able to survive. I grew up in the country and can garden and can food. I think people will have to be self sufficient and families will need to take care of one another. I think we are in for very scary times.

[sysopkc]

Well being that most of those agri investments are in Asia, I dont see how what he is saying will "pump up" much of anything. If at all it is a call for a pull back rather than a buy.

[revco68]

This is just an opportunity to pump up his agra investments.

[cashman247]

WE ARE IN THE DEPRESSION. ALL YOU CAN DO IS ......... Survive....how ? Plant a garden, store food, meds, tolietpaper, guns, ammo, know good people, know the bad people and stay away from masses of peoples......KEEP HEALTHY...........eat right, sleep well, and take birth control.......

[GFox300]

the coverup is that the leaders are incompetent. This INTENTIONAL collapse by our treasonous criminal leaders is part of a long standing plan to stampede the world government. a global feudal police state. Depopulation is also a big part of it. They are going to starve us to death.

[joneselius]

November 31st, Codex Alimentarius....

Oh well, it was fun...

[ethoswithme]

jourlaists know the answer they keep asking the same questions cus they want the public to get the message over and over until it sinks in and dont forget.

[iwanagaa1919]

We should always expect that interviewers will have little understanding of economics or finance. Most journalists have not studied these subjects in a serious way. This particular interviewer gives Jim plenty of opportunity to express his views; for that reason, she is superior to many of her colleagues.

[joneselius]

Most just regurgitate the governments TRIPE.....

[SilverRose09]

-Stop bailing out wall street at the spend of taxpayers.

-Just nationlized the banking system. Just nationalized in whole sale put chapter 11. reoganization.

-Make sure credit goes small medium sizes business & industry

-Stop the oursourcing of manufature jobs

-Beguin to invest in national infrastructure

[SilverRose09]

Have you heard about quantitum of easing.

It is a video called:

(Hyper)inflation or Deflation - which is the greater monster we face? (March 09)

from flaskofcoffee,

Tell me what do you think?

[MushroomCloud666]

Jim Rogers unfortunatelly doesn't get one important thing like many other people in the bussiness - world leaders didn't get their solution "wrong", they are doing exactly what the banksters ordered from them. In US that is to destroy the dollar to replace it with a new currency.

[SPVTrading]

Oh God, not another clueless journalist. I feel Jim's frustration every time I here one of these interviews.

[ChuckyHammer]

"here" or did you mean "hear"

[SPVTrading]

hear

[stevesprinceofsteaks]

Short term investors nearly always are losers in the long run. And anyone who knocks Rogers shows incredible naivety. His commodities made 500% from 99 to 08. Down 250% in 08. Made money overall. Exceeded rule of 5's quite nicely. Also was short in Fannie/Freddie/Citi. Made lots of money there. More than enough to cover declines on other side. And he will just buy more at reduced prices and really be poised for eventual bounce. These guys don't hang around for 40 years at the top for no reason.

[iwanagaa1919]

Different investors invest differently, and profit handsomely. Some very-short-term traders (e.g., Eddie Lampert) have made millions of dollars per year, year after year. Jim Rogers describes himself as a terrible short-term trader, and says that he makes money by anticipating big trends that will endure for years or decades. Let's hope that every investor makes money with his or her chosen method.

[FkyGGGG]

Ditto = Ivy Leaguers think that Obama is the solution. WHAT A JOKE! ...you got that right!

[Jasman2444]

Its funny how we've got all of these PhDs that hold economics degrees and most of them couldn't see this mess coming. And now there solution is to create more debt. And the "educated" Ivy Leaguers think that Obama is the solution. WHAT A JOKE!

[imrichyournot]

the inflation vs deflation debate is very interesting. anyway australia and america both have resources. the uk does not. the uk is looking at a most serious problem. they should be scared to death. mr. brown's real job is to try to keep them calm while the ship sinks.

[joneselius]

Well we're not staying calm.

I live in the UK and it's getting harder and harder here.  People are all on edge and people are getting VERY angry.

[imrichyournot]

england? do you think the people will riot there soon?

[joneselius]

Two words.

Hell no.

Have you seen our police!!!!!! You look at a dog the wrong way, you're maced. Look at the officer, you're maced, look at ANYTHING you're maced and tazered.

There won't be riots here, and if there is, they'll be squashed within moments. I'd give it 3 hours. People here just aren't willing to help one another, everyone is out for themselves.

[icfnord]

Sorry to disagree, but the police and military are going to be slaughtered if they don't stop their crimes voluntarily. There is no way that the government is going to win. Get real. They can't even hold Baghdad and Americans are smarter, better armed and there are a lot more of them than the Iraqis. When the people finally do rise up, you are right that it will only last a few hours, but it will be freedom that wins, not the state.

We are witnessing is the final collapse of fascism.

[joneselius]

I hope you're right.

I refuse to entertain violence at all. I hope freedom wins, I'll be there hopefully.

[icfnord]

There is no need for a violent revolution. I don't think the police and military want that either. But if push came to shove the american people would win. The only hope that the NWO has in stopping a revolution once it is started is to kill us all with nuclear weapons. Again, I don't think that it will go that far though. I think there is a real chance that this mass awakening will result in a return to less government in 2012.

[TruthLightSeeker]

I know times are getting harder and harder. The old saying is true: When people have lost everything and feel like they have nothing left to loose, thats when they loose it.

I think America is on the verge of collapse too.

[globalbabes]

Meanwhile Geitner goes to London for the G20 conference. And the Brits are screaming at him because he has NO STAFF! And he's STILL going! What next?

[muchbusiness]

It is foolish to believe there will not be inflation. All the major Western Powers are expanding their money supplies while productions is contracting. It is hubris, in the full meaning of a Greek tragedy, to think that a government can infinitely increase the debt burden and productivity requirements of its private citizens through printing money and not have that money become less valuable.

[pimptacular]

OBAMA....One Big Ass Mistake America

[BlueTunisia]

Let the Free Markets live!!! STOP GOVERNMENT INTERVENTION!

[donharlan1]

Hyper-inflation is impossible unless the money gets in the hands of the masses. Most of the money has gone to banks and they're not lending. What are the people getting out of the debt the government is putting them in? Nothing. Zero. Zilch. Well, I take that back, if you're employed, the average person will get an $8/week tax break. Hyper-inflation, what utter ignorance. Deflation is what is happening and will continue to happen until employment substantially increases.

[pismo10]

You are thinking short term, Rogers thinks 5 years is short term. I am glad you think you are smarter and a better speculator than Rogers. Who's ignorant?

[donharlan1]

Rogers and Schiff's portfolios are way, way down because of deflation in commodities and the rally in the dollar. The only commodities that held up were precious metals, and some would argue those aren't really commodities. Five years is short-term? Is that your answer to why they are wrong about hyper-inflation? I don't know about you, but I invest now, not five years from now. Who the heck knows what's going to be going on five years from now. Good luck with that strategy.

[CelticReject]

I've got a feeling that the 'powers that be' are doing this on purpose, to wreck the economy. I cannot believe that they are just naturally this stupid.

[dartboardheart]

It is impossible to underestimate the stupidity of the American politician! (You can throw in the effete Brits too!)

[CelticReject]

Politician is an anagram of useless

[GTV911]

aussie radio interview. nice one

[SilverRose09]

Economics equation:

deflation means the necesity of printing new money, this will take us to a short rally up and then the flooding of printing money will not stop and will bring the Hyperinflation.

[Tasadaru]

As long as fractional reserve banking exists, stuff like this will continue to happen. To print money out of nowhere is asking for trouble. End fractional at the federal level and the state level.

[contactluke]

I'm so happy to hear Jim's view on Australia, and again I find myself agreeing with him. Australia should be so well placed to weather this storm because it has masses of reserves & a small population. However it does have bloody labour government so it's probably f****d!!

[dsasteel]

There won't be 'hyper-inflation';However if the FDIC plans on circulating the monies from their bailout then I would say there is a 90% chance of inflation. I really don't know wtf I'm talking about though, so I'm going to hum a song from my childhood and eat a banana with peanut butter on it!

[FarFromEquilibrium]

Jim you are the one to listen to on investing. I dont know why more dont. Yes going deeper in debt is insane, and our politicians are completely insane.

[TheFlex21]

Jim and also Max Keiser, Peter Schiff, and Marc Faber

[kmassabe]

Buffett was riding the bubble and its popping. This is the mother of all bubbles.

[midnight9wanderer]

Most G20 leaders should resign, the rest should go to the bar and leave the rest of us alone.. JIM you are the best!!

[truthsabre7]

Buffett still thinks all this Obama spending is a good idea. By the way he has lost 25% of his net worth last year.

[markukkerd]

Three cheers for Happy Rogers!!! Hip hip harray!!! Hip hip harray!!! Hip hip hip harray!!!

[5K2aM]

Why cheer? Is it her birthday?

[markukkerd]

5K2aM, "Why cheer?" Just because it is fun to celebrate Happy Rogers who will be 6 years old in the month of May 2009.

[KhmerD0g]

why are u cheering his daughter? because she can speak mandarin? because she has a smart father?

peter schiff also suggested learn mandarin. he sees china as the next great economic power.

[markukkerd]

Yes, KhmerD0g.  It is thrilling that Happy Rogers is already perfectly fluent in the Mandarin Chinese language!

[midnight9wanderer]

WOW Buffett finally admitted it!!