Authors:
  1. Quotes
  2. Authors
  3. J
  4. Jim Rogers
  5. Debasing your currency sometimes works in the short term,...

Debasing your currency sometimes works in the short term, it has never worked in the long term and does not even usually work in the medium term. Lots of politicians like to do it because it is an easy way.

Jim Rogers
Long, Doe, Way
"Rogers: U.S. stocks' winning streak 'going to end badly'" by the CNN Wire, www.cnn.com. March 15, 2013.
Debasing your currency sometimes works in the short term, it has never worked in the long term and does not even usually work in the medium term. Lots of politicians like to do it because it is an easy way.