October 24, 2013

Very Few Americans Know What Quantitative Easing Is

It`s pretty astonishing to me, there was a poll done recently, and very few americans even know what Quantitative Easing is. Very few americans have any clue about the debt situation. They just don`t know. So in circumstances like that, it`s fairly easy, if someone goes on TV with a nice suit, a nice hair cut and says "The sky is blue." Well, everybody says, my goodness, the sky is blue. They don`t even bother going to look out the window to see if its blue.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several books and also a financial commentator worldwide.
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