Thursday, June 27, 2013

Jim Rogers : The Money Printing Bubble will burst and will cause a lot of pain across the Globe

"Jim Rogers : Most central banks have injected too much liquidity, which is not sustainable. (Fed chief Ben) Bernanke has said he is going to keep pumping in money and keep interest rates down until 2015. I don't know how it will last beyond this year.

But if Bernanke is determined to continue with it and other central banks in Japan and Europe will also follow suit, I feel it is the market that won't allow this to happen. I think the bubble will burst and will cause a lot of pain across the globe. It's not going to go on for a long time, and once it's over, it will be very painful for a lot of people. The bond prices will also go down despite the central banks' intervention. - in business-standard"

at http://www.jimrogersinvestments.com/2013/06/jim-rogers-money-printing-bubble-will.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+blogspot%2FWOHK+%28Jim+Rogers+Blog%29

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