Jim Rogers on Bernanke: "He is a total fool"

No, it's not the same as leverage.

One thing you may be overlooking is that we cannot stop China from growing and exporting or we will have a war.

Also, another thing that Sen. Paul and you seem not to understand is that the imported products you think are more expensive now because of the dollar decline would cost MORE if made in America.

That is one reason inflation has remained low.

Models of global economics are multivariate with singularities and non-linearities. Common sense, although useful and you seem to be good at it, almost never works. Like it never works in the markets and whoever relies on it goes broke.

Ron

 

Then why do you think he speaks loudly about his next move? Is he a philanthropist you think?

Ron

 

I will take common sense over multivariate, non linear models any day. These great models have blown up plenty of hedge funds and cost some banks big coin.

 

when it come to the jim rogers the jealousy factor comes out big time from those who don't have a pot to piss in or don't have a lifestyle to compare to roger's. don't you know rogers is announcing his positions so he can dump them to the big sophisticated wheeldealers on Elite Trader. these wheeler dealers can force down the price of commodities with a snap of a finger.
jim rogers doesn't trade he invests. even his future positions are long term investments not trades.

 

Exactly...most people who have a hard time grasping how economics work think that "losing" jobs is always a bad thing. It's only a bad thing if it actually decreases employment while causing inflationary effects on price.

The fact is that the US is at full employment. We actually benefit by being able to consume more by importing what we don't have the labor to produce. Since the US is at full employment, it would cost a fortune to produce those "cheap" goods that we import. One of the biggest factors in input prices is the cost of labor. If your labor is scare, it will be expensive to hire people.

 

or maybe he's just a smart cookie?

 

No matter what he says, Rogers always comes off as a guy who's in bad need of an ass kicking.

 

Well I have one question for Jim Rogers and his supporters.

What do you convert your dollars into?

Think twice before you shout out another FIAT currency.

 

yes. im not begruding him, nothing wrong with pushing the agenda. however, i would NEVER buy his place in manhattan!


surf

 

What exports?!

Btw, Rogers has more money and brains that most posters on this thread. I'd listen to what he has to say instead of blabbering like an idiot.