Jim Rogers: Federal Reserve Will Implode

Tuesday, October 12, 2010
By Paul Martin

by Robert Wenzel
Economic Policy Journal

Last night at the Mises Institute in Auburn, Alabama, author, investor and global traveller, Jim Rogers, was awarded the prestigious Schlarbaum Prize for the lifetime defense of liberty.

Rogers told attendees to the event that the United States has had two central banks prior to the Federal Reserve and that they both disappeared. He said he fully expected the same thing to happen to the Federal Reserve. He charged that Ben Bernanke as Fed chairman only knows how to print money, and that this money printing policy of the Fed will cause it to collapse from within.

Rogers also called for an audit of Fort Knox and raised questions as to the quantity and quality of the gold there.

He said that the Great Britain was the world power of the 19th century, the United States the power of the 20th century and that China will be the world power of 21st century.

Rogers, who now lives in Singapore, said that he is making sure that both his daughters learn Mandarin.

The Rest…HERE

Leave a Reply

Support Revolution Radio

For a limited time only, every $30.00 donation gets you a well crafted Boker Magnum Bailiff Tactical Throwing Knife. Every $20.00 donation gets you the same, but on a wonderful coffee mug. Just click the button below and give till it hurts...