Quantitative easing is a dumb idea, because it causes commodity prices to rise in the long run, and so people can buy less things and would be that much poorer. It is a form of taxation presented in the most dishonest form. Just look at Jim Rogers expression at the end of this video, he knows what the other Asian guest is advocating is only going to do more damage to the economy, devalue the currency further, and creates more unemployment.
Sorry SilencerRPMs, I missed that and wasted some perfectly bad sarcasm, I could have used on someone who wanted to keep the Fed. Again, my apologies. -Lumberjck
Quantitative easing is a dumb idea, because it causes commodity prices to rise in the long run, and so people can buy less things and would be that much poorer. It is a form of taxation presented in the most dishonest form. Just look at Jim Rogers expression at the end of this video, he knows what the other Asian guest is advocating is only going to do more damage to the economy, devalue the currency further, and creates more unemployment.
albertnz1 1 year ago
who is this joker speaking with Jim?
vikasjadvani 1 year ago
Sorry SilencerRPMs, I missed that and wasted some perfectly bad sarcasm, I could have used on someone who wanted to keep the Fed. Again, my apologies. -Lumberjck
TheLumberjck 1 year ago
jim rogers is the man!!
lindabebe835 1 year ago
The only one who wants to End the Fed is Jim Rogers.
SilencerRPMs 1 year ago
@SilencerRPMs
Perhaps you never heard of Marc Faber, Peter Schiff. I understand you don't know me, but I want to end the Fed to....
TheLumberjck 1 year ago
@TheLumberjck yeah I just meant on this panel right here. I actually have all of Peter's books and I love Marc's haircut lol.
SilencerRPMs 1 year ago
Nobody ever says "end the fed" or other synonymous ideas on these shows.
LordDyhalto 1 year ago