Friday, May 31, 2013

Jim Rogers: "Nobody Gets Out Of This Situation Until There’s A Crisis"

On Bernanke: "He doesn't want to be around for the consequences of what he's doing."

On Fiat: "Paper money doesn't have a very glorious history, but again, nothing imposed by the government has a very long and glorious history."

On Europe's Crisis: "You can postpone it all you want, but the problems just mount."

On Capitalism: "You are not supposed to take money away from the competent people and give it to the incompetent so that the incompetent can compete with the competent people with their own money. That's not the way capitalism is supposed to work."