Jim Rogers Blasts Paul Krugman And Keynesian Economics

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Oct 19, 2010
H/T to http://www.bullsource.com for the find. I thought this video was interesting to the readers even if Rogers went a bit over the edge.


Guru Jim Rogers was on Freedom Watch with Judge Napolitano to discuss gold and the failure of Keynesian economic policies.“


Jim Rogers is author of A Bull in China: Investing Profitably in the World's Greatest Marketir?t=valueinves08c-20&l=as2&o=1&a=0812977483, A Gift to My Children: A Father's Lessons for Life and Investingir?t=valueinves08c-20&l=as2&o=1&a=1400067545, and Hot Commodities: How Anyone Can Invest Profitably in the World's Best Marketir?t=valueinves08c-20&l=as2&o=1&a=0812973712





Whenever you print money, people look for a refuge, gold,” says Rogers. He points out that government will blame its mistakes on the press and the people rather than itself.


The investor predicts gold will end in a bubble someday, when everyone is buying. He would rather buy silver than gold now, but owns both.


Rogers calls out the flaws of Keynesian economist Paul Krugman. “He should resign,” advises Rogers. “He doesn’t know anything about economics.” On President Obama, Rogers says he doesn’t understand Economics 101. “He barely knows much about the world,” Rogers argues.





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