Jim Rogers: "We're All Going To Pay A Horrible Price For This…"

[marmar]

Jim Rogers: "We're All Going To Pay A Horrible Price For This…"
By Money Morning Staff Reports


As the Fed gets ready to launch quantitative easing, dubbed QE3 or QE Forever -- legendary investor Jim Rogers is shaking his head.

In fact, Rogers, a long-time critic of the Feds policies of money printing, said repeating the same program the Fed has already attempted will make policymakers "look like fools again."

Any relief will be temporary, warned Rogers in a gripping interview on CNBC.

.....(snip).....

"We're all going to pay a horrible price for this in a year or two or three," he said. How horrible? Worse than Rogers predicts, according to a new investigation.

In a newly released documentary that went viral last month, a team of influential economic experts say they have discovered a "frightening pattern" they believe points to a massive economic catastrophe unlike anything ever seen in history. ............(more)

The complete piece is at: http://moneymorning.com/ob/jim-rogers-were-all-going-to-pay-a-horrible-price-for-this/?utm_expid=5485297-10&utm_referrer=http%3A%2F%2Fpaid.outbrain.com%2Fnetwork%2Fredir%3Fkey%3Dae10ebcd61a0c5723bc5fbb0d0cf7282%26rdid%3D402193474%26type%3DCAD_d%2Fg2_ch%26in-site%3Dfalse%26idx%3D0%26pc_id%3D10081502%26req_id%3D0f7737134f211d803a86a349978fe7ea%26agent%3Dblog_JS_rec%26recMode%3D4%26reqType%3D1%26wid%3D100%26imgType%3D0%26adsCats%3D1205%2C-1%2C-1%26refPub%3D486%26prs%3Dtrue%26scp%3Dfalse%26fcapElementId%3D7348%26version%3D73498%26idx%3D6

[alcibiades_mystery]

1. Oh, a "famous investor" saying shit on CNBC

Wow. That's awesome. Because we don't get to hear the views of the capitalist exploiter class enough. We need to hear these silenced people and their fun little theories even more!

[marmar]

2. I agree with you to an extent....but I agree with Rogers on this constant quantitative easing.

It's a huge disaster waiting to happen.

[WinkyDink]

3. Does it end with an ad to buy gold?

[banned from Kos]

4. Rogers moved to China many years ago and is a famous Doom and Gloomer

He is an old partner of Soros. They don't agree on too much anymore.

[RegieRocker]

5. Get real

the whole monetary system is nothing more than monopoly money. It's only value it has is is in everyones mind. It's a farce today, right now and the only that will be different in the future is your minds view. Nothing else.

[banned from Kos]

8. Yet it has worked well since the Romans discovered coining and taxing

"He who controls the money supply controls power"

The US Dollar is still king.

[BeyondGeography]

6. We've already paid a terrible price for Jim Rogers' Wonderful World of Paper Wealth

[reformist2]

7. QE has been amazingly successful. Not as an economic stimulus, but as funding for gov't.

The only catastrophe is if we let austerity thinking take over here like it has in Europe.

[jmowreader]

9. Blame it on the GOP

Thanks to the teabaggers they can't do any other kind of stimulus. They are therefore stuck with quantitative easing.

In the last couple weeks of this campaign, those of you in blue states with teabagger congressmen write LTTE explaining the best way to help the economy is to elect a Democrat to Congress to help President Obama.

[Cicada]

10. Rogers did well - only when he worked with Soros

Not so good since Soros not around.

[sakabatou]

11. There should be a new Youtube channel: Shit Investors say on CNBC

[justiceischeap]

12. What was that documentary, Too Big to Fail

I loved the part where it pointed out that "noted" economists wrote papers to appease the corporations of the boards they sit on. Nope, no conflict of interest there.