Jim Rogers: “Central Banks Are Unleashing A Inflationary Holocaust”

admin's picture
Fri, 10/10/2008 - 11:55pm | posted by United Liberty Staff

Jim Rogers tells CNBC something they rarely hear from their “expert” guests- that the economy needs to be left to itself to liquidate and that the result will be a future of more sustainable growth.

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  • Tagged: Asia Deleverage Depression Central Banks European Union Federal Reserve Hyperinflation Inflation Jim Rogers Socialism

Shhh… it’s all about consolidation.

Bankrupting companies then buying them for 10 cents on the dollar.

Considering that most Amerikans can’t even program a VCR… i’m not too concerned that they will ever figure it out. Sit back. Enjoy a cold beer. Watch some TV, Idiots.

We’re watching The Great Depression 2 happen before our eyes along with the Fall of the Amerikan Empire and I’m laughing the whole time. I won’t be the one fighting the coming WW3. Enjoy.

Anonymous's picture
Anonymous on Mon, 10/13/2008 - 5:16am.

Although many people will view this solution as a corporate takeover of personal assets, or the rich getting richer, in fact, it is the ONLY way that we can proceed. Government interaction is the wrong approach, we must let all assets transition to their correct values and this can only happen in an open market without market manipulations.

McCain is talking about ‘propping up’ mortgage values. This is the wrong thing to do because someone has to do the propping - let them find their true value and stop treating a house like an investment.

Read more about the Austrian Economic models at this great site run by an organization affiliate with the University of Alabama…

http://mises.org/

And buy some cellphone batteries from me so that I can be in a possible to purchase some of that reduced cost property ;)

http://www.cellular-phone-batteries.com

Anonymous's picture
Anonymous on Mon, 10/13/2008 - 8:20am.

Sounds like Central bank is run by a bunch of Morons and Idiots!

Jiff
www.anonymity.at.tc

Sammy Jones's picture
Sammy Jones on Mon, 10/13/2008 - 8:25am.

I say let the companies that make the wrong choices fail and let the people who have money invested in these companies get what they deserve…They’re just propping the whole system up so people have false faith in the system…If we don’t make substantial changes, we may be able to weather this storm but more than likely the same thing will happen somewhere down the road.

PhiLLyinDaLLaS's picture
PhiLLyinDaLLaS on Mon, 10/13/2008 - 10:50am.

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