Tuesday, January 3, 2012

2012 outlook by Jim Rogers


as I previously said, I like Jim for being realistic and true.

This is what he believes for 2012 and beyond.
In short: ECB (same as FED) will monetize the debt, which means printing more money.

Printing more money and flooding the M2 money supply will bring temporarily ease on the market, but remember those debts and its monetization, need to be serviced by paying interest on those.

  • Who pays this interest? 
  • Who will suffer from the inflation? 
  • To whom are these interests payable? 
  • Have you every asked the questions who owns the ECB, FED and other central banks around the world?
It is basically: kicking the can down the lane...till?
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