Jim Rogers : The economy in 2012 is going to look better than it does normally

Jim Rogers : Larry, first of all, as far as the u.s. economy, there is an election in November, as you probably know. and every time there's an election, the government spends as much money as it can to get votes. and the central bank prints as much money. so this year, the economy is going to look better than it does normally. because they're pumping all this money out to fool everybody. you should be worrying about 2013, 2014. now, they tried it in 2008, it didn't work in 2008. but i suspect it will make things look okay for a while. as far as the zero interest rate policy, Larry, it's a disaster for most people in the world. you're destroying the whole class of people in America who save and invest, and if you destroy your savings class, you really build up huge problems for the future. - in CNBC 30 Jan 2012





 
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.