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Jim Rogers 2012 global outlookFinance News NetworkDec. 26, 2011 |
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 Jim Rogers: Printing money does nothing more than bide time. Throughout history governments have tried to debase their currency in the hope that they would somehow get better down the road, but it’s always gotten out of control. The debt has gotten higher, the money printing makes people feel better for a while but in the end its higher inflation, higher interest rates and then you have serious, serious problems. Once inflation starts rising and gets out of control, it’s very hard to kill it. At this time we can still solve our problems, if you wait until inflation’s out of control then it’s very hard to solve your problems. Read More 
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