Jim Rogers was recently the featured guest with Lauren Lyster on her new show Capital Account. He came straight from the gym just to talk to her.

Even Karl Marx realized that you have to have capital in order to have an economy. If you destroy the class of people who save and invest, then you are destroying the entire economy.

The United States has once again changed the way they measure inflation, and the new method shows a lower level of inflation.

If you listen to the government in order to make money, you are going to go broke.

The Federal Reserve in totally incompetent. They have been wrong and their policies have been wrong.

The United States has already lost a decade. We might have 2 or three bad decades.

Huge distortions are being built up in the world economy. There will be a tremendous amount of turmoil ahead of us.

The cost of living is going to go through the roof. People are going to suffer so that a few companies can do better.

If the dollar loses value, 300 million Americans will suffer. An overvalued dollar means we can travel to Paris or buy high quality goods from abroad.

China might begin buying European bonds. It wouldn’t be a good investment, but it would give them a bit more political power in those countries.

If you pump out billions of dollars, everything can look better for a time. But 2 years or 3 years from now, these built up problems will have serious consequences.

Many people disagree with Jim Rogers and his view on commodities and China. If you believe them, then short commodities and short China. We will see who is correct in 5 or 6 years.

China will have setbacks. The United States in the 19th century had 15 recessions and a civil war. Yet they became the most important country in the world.