“The US went up because people said, 'Now it's done, we don't have to worry anymore.' But somewhere along the line, markets are going to start suffering. They'll taper until the markets start hurting and then they'll panic and loosen up again. They've got themselves in a terrible box.”
“It'll turn into a bubble or a very inflated situation, but eventually the markets will say, we're not going to take your garbage anymore, whether it's treasury bonds or currency.” Inflation, Rogers says, has only been kept in check in the US by the country's shale gas discovery, putting a “dampener” on energy prices.
0 comments:
Post a Comment