According to Rogers we have never had a point in history where every significant central bank in the world is engaged in such easy money policy.
In the short run this sort of policy feels good. Over the long term there will be currency turmoil and high interest rates.
Rogers is still bullish on commodities despite the fact that right now money is chasing stocks instead of commodities.
While he has been bearish on Russia for decades he is now starting to get interested.