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

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In this very recent interview with Bloomberg Jim Rogers says Asia is the future, the dollar is a terribly flawed currency and he doesn't want to own any, oil will certainly pass $200/barrel soon, and the (privately owned) Federal Reserve will disappear within the next decade.digg it http://digg.com/business_finan...

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: fagan411

Length: 05:35
Rating: 4.84
Views: 114219

Tags: china  depletion  devaluation  dollar  federal  inflation  oil  paul  reserve  ron  

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Video Comments

jesuschrustpizza (November 30, 1999 at 12:00 am)
Counting bad. No numbers, no debt, no problem.Ban math.
ragon144 (November 30, 1999 at 12:00 am)
Forget about this market crier who wants to suck you into his commodity index funds to make money with your hard earned money! Oil is falling to 50 since his predictions. Don't believe him! 'Peak oil' is bullshit as you can see here on youtube. Rogers is sponsored by the Rockefellers and the oil companies. His recommendations have been a bullshit till today!
r3dredwine (November 30, 1999 at 12:00 am)
Just type "JBS end fed contact congress" into google and click the top link, Send a pre wrtten letter to congress about abolishing the Federal Reserve!Send To Congress Share With Everyone
Ryshtyanna (November 30, 1999 at 12:00 am)
The Federal Reserve is a brilliant con by those who created it. The victims are every man, woman and child who are forced to succumb to this system. If one is willing to do the research into it, WWI, WWII and Vietnam were wars engineered by the Reserve to ensure American involvement. War is an extremely profitable business for those who stand to gain the most from it, namely the Reserve. They don't care about the lives lost. They don't care about the people, nor does the current government.
sircesare (November 30, 1999 at 12:00 am)
are you serious? the clown with the pink tie is crazy!!!! china will not have what it has if it wasnt because they are a real Dictatorship and second because they are the worlds Manufactorer if people dont manufacture anything from china anymore china will go bacnkrupt. and if the united states nationalizes all their money im sure we will b fine
moviedude111 (November 30, 1999 at 12:00 am)
lol...people just want to be controlled.pass the popcorn, gotta go Sienfield is on.
davedavis22 (November 30, 1999 at 12:00 am)
"what are they diong with all our money????"buying yachts, private jets, mansions, and ferraris
davedavis22 (November 30, 1999 at 12:00 am)
who says they have to sell their goods here?once americans go bankrupt or now have to spend all their money paying off their debt accumulated from the past few years they won't be buying imported goods anyway.they can sell their goods in their own countries. especially after their currencies rise at the expense of the dollar and their people can afford them.
rusH1023 (November 30, 1999 at 12:00 am)
I don't know know what gives you that idea. Your 2nd-rate country, who has followed the buffoon running this country for the last 8 years, is no better off. Calling the Fed "meaner" is ludicrous and makes me think that you're not quite as knowledgeable as your care-free, whimsical attitude might suggest. It's the central bank system itself, and its epicenter is in your part of the world.
flangelet (November 30, 1999 at 12:00 am)
Why thankee kindly, yankie sir!WE British are controlled by our bankers, just as you are controlled by yours. Yours have a meaner streak though and are better at *rse-r*ping your population than ours are. Better pucker up and get on ready thar, massah!

 

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