Legendary investor Jim Rogers says the inflation is already here, and the Federal Reserve is only making things worse.
Please watch the video below for his analysis on currency markets, inflation, commodities, and the economic problems in the US.
Stocks, Rogers says, are rising because of the money being flooded into the market. He sees oil prices staying high or going much higher unless new oil reserves are discovered.
Rogers predicts a much worse recession to come. “The world is going to run out of trees at the rate Mr. Bernanke prints money,” he says.
The way out, according to the investment guru, are for the US to abolish the central bank, the source of the problems, and stop spending.
Read the whole thing here: Next Recession Will Be Much Worse
