Jim Rogers : more currency debasement and more inflation in Asia - CNN 08/10/11

Jim Rogers : here in Asia it means mass destruction of currencies and inflation everywhere this is not good for the world this is terrible terrible few are making money out of it , but this is terrible terrible news , now you have more currency debasement and more inflation ....the Renmimbi is gone up because of this and the Aussie dollar is about to rally because of it , you see the US Dollar already going down because people realize , well they are just going to print more money they are going to keep interest rates artificially low , no this is not good for America this not good for the world . ....

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%.