Inflationary Holocaust – Jim Rogers – Dollar Collapse – America Bailing Out Wallstreet (Incompetents And Crooks) At The Cost of The People
Inflationary Holocaust. ‘Legendary investor Jim Rogers warned during a CNBC interview this morning that global central banks are creating the environment for an inflationary holocaust by their ceaseless overprinting of currency, a measure that isn’t even successful in stabilizing the stock market. Rogers said that the only solution to the market crisis was to let failing banks and speculators go bankrupt and stop pumping endless amounts of liquidity into the system, labeling it outrageous that responsible investors and taxpayers are being made to bail out crooks on Wall Street. “The way to solve this problem is to let people go bankrupt,” Rogers stressed, “All of this pumping money into the system is not going to save it – see what the market is saying, it’s saying we don’t buy that, let people go bankrupt,” he added. “Then you will hit bottom and then you start over. The people who are sound will take over the assets from the people who aren’t sound and we will start over. This is the way the world has worked for a few thousand years,” said Rogers. Rogers warned that the reliance on governments printing money would not aid a recovery and would only lead to the problem becoming worse in the future. “We’re setting the stage for when we come out of this of a massive inflation holocaust,” he said. Rogers said that excesses of credit and people becoming over-leveraged meant that they would now have to take some pain. “Never before in world history were people able to buy …
Video Rating: 4 / 5
This is perfect! Lets blame the people! So its my fault that the banks gave away billions in fiat credit to people who couldnt afford it? HOW THE FUCK IS THAT RIGHT? Same as the UK blaming the people for overextending, while banks are giving away fake money. Its not your fault people!
America is bankrupt and yet to see the half of the crisis. This has all been planned and instigated by the big banks, th IMF and World bank. Global takeover , fake economy, Fraud FRaud FRAUD! Jail tha Bankers!
I just don’t understand or believe our government is this stupid. Its like they are doing this intentional.
hate to burst your movie bubble, but our history shows that when things are bad people help each other, trust takes the place of money in the form of honor and a handshake. We have no other hopes out there. China has a slave population controlled by criminals. What makes us great is that we are self governing non robotic people. We’ll be fine, just watch this trick: Earn your stuff, see …american problem solved.
Lol @ 0:33, Tim somebody. Rogers is awesome!
@jesse2076 I couldn’t agree more. Good luck.
@yankeepedaler I have an enormous amount of silver,gold, copper and heirloom seeds.cash will be worthless soon
@aviomaster we are all brothers when will we admit it as a whole
Warren buffet said you cant bet against the usa and win…do you all know what that mean’s the usa is the greatest manipulator they will make wars with china and eurasia and get all investor’s flocking back ASAP.. trust me
I listened to Robert Kiyosaki’s advice on silver: “I believe this is the biggest investment anyone can make in the next 100yrs” I did my research and found an opportunity that has changed my life in 12 months. Take a look like i did…. Visit: goldsave.co/
ArchaicRevivalx2012 – I am not talking nonsense. YUGOSLAVIA country with 1 race , 1 race , and 3 religions , Catholics , Orthodox , and Muslims , fought for 4 years. CAUSE of economic depression.
USA you have millions of blacks in USA , 50.000.000 Mexicans who are not really fans of whites.
It will be race and poor vs. rich , whites are richer always wright. so there you go. rich vs. poor colored vs. whites. I get the feeling of how things will play out in USA. Worse than CCCP.
@aviomaster I hope this will not be a race war. It might be more of the haves versus the have nots. Blacks are a tiny minority in the United States. That would be suicide. If you’re homeless and hungry, there maybe racial rioting, only because of the lack of jobs and food. This might be a circumstance of poverty. We shall see.
Dollar fall — imagine this , and USA so diversed country with all these different races unemployed 30-40% unemployment.
Street wars gangs , AK-47 will be the king in the streets of USA.
Mexicans vs. blacks, whites vs. all others, Mexicans and Blacks united against the whites , simply total destruction of USA , worse than CCCP collapse.
It’s the Jews in the Federal Reserve, on Wall Street and in our government that have caused this disaster, and they are the ones who planned it, they are the ones who will get even richer from it. The American people need to wake up to the fact that the majority of the Jews in this country and Israel, are not our friends. They are not working to strengthen America, they are traitors working to make Israel strong enough to deal with anyone, including America. Nothing but TRAITORS!
Fascism is the new trend. They will not step down gracefully. They will go kicking and screaming like a two year old. A great stock where the fundamentals are sound is in headache medacine. All the best. RS.
“let them go bankrupt” *crickets*
I have an enormous amount of cash. Payooou!
@staydput I agree.
Rampant money printing establishes Hyperinflation, NOT Inflation.
Hyperinflation is the destruction of the currency. It also is a tax on everyone holding liquid assets.
It also represents absolutist spending. The powers that be cannot bear to tax outright for the funds that they are going to spend anyway.
In such a regime Spending IS Taxation.
Look back at the Confederate Dollar and the Continental Dollar. They both collapsed.
ANY time ANY power prints money it’s a TAX, but hidden.
what a legend, spot on. The 2 dicks in the suits with their toffee attitudes have lost themselves and their clients bucket load of cash thinking that injecting billions if not trillions will not have at some point a massive inflationary impact. How naive they are
“Buy commodities”. And how right he was. While all other analysts with totally false logic were trying to justify the injection of money that had been cause of the problem in the first place, at least this guy knew what was going on. Unfortunately people like him aren’t running Western economies, the idiots with the false logic are.
Jim Rogers– a friend of George Soros.
this fucker thinks he is “sound”, and others must fall. well, nwo will make opposite. “sound” fuckers will fall. and good people will stand up.
@spernoadversa They are paid to pretend they don’t get it.
Assignats were paper money issued by the National Assembly in France during the French Revolution. The assignats were issued after the confiscation of church properties in 1790 because the government was bankrupt. The government thought that the financial problems could be solved by printing certificates representing the value of church properties. These church lands became known as biens nationaux. Assignats were used to successfully retire a significant portion of the national debt .
The us had to bail out all the banks so people couldnt find out which ones were good and which ones werent…This prevented the mass withdrawal of funds which could have collapsed the bad banks. DUh