July 15, 2008

The Dollar is Doomed and the Fed’s Days are Numbered

By Author-ED

Most of the non-digital media that I stumble upon like radio and the occasional TV news report rarely identify the fact that the US dollar has tanked so substantially over the last 7 years. The policies of the Bush administration have been a disaster – for most.

And the point of all this: the last 30 seconds of this video interview with Jim Rogers offer some insights that I think we can appreciate:

The American Central Bank is a disaster. It’s causing huge inflation in the world, not just in America. It is so bad – you can write this down -that I suspect that the American Central Bank will disappear within the next decade.