Jim Rogers : China Inflation to get Worse

Jim Rogers: China doesn't have the excesses that we have in the US or even in Europe. China has huge reserves of currency, while America is the largest debtor nation in the history of the world. They are not comparable situations. But as far as inflation goes, China has inflation and this is just going to make its inflation worse. If I were China—and I'm not, and there's no reason for it to listen to me—it should keep monetary policy tight until inflation is killed. It's not killed yet, and this is not going to help kill it. - in Hard Assets Investor

 
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%.