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Interview: Jim Rogers on Currencies and Inflation
Seeking Alpha ^ | June 04, 2010 | Ron Hera

Posted on 06/05/2010 10:10:19 AM PDT by arthurus

The world didn’t have an IMF for a few thousand years. The IMF was founded after the Second World War to take care of any short-term currency needs that countries might have. It turned out pretty quickly that they didn’t have very many as the world recovered from the war, so the IMF found other things to do. They now have thousands of employees and have manufactured jobs for themselves. They’ve not had much success, if you look back over the past 60 years. Nearly everything they’ve done was wrong. Why do we need the IMF? It’s not 1945 anymore.

(Excerpt) Read more at seekingalpha.com ...


TOPICS:
KEYWORDS: government; inflation; sdrs

1 posted on 06/05/2010 10:10:19 AM PDT by arthurus
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To: arthurus

I have found this website to be a very useful source of information on the economy, gold, and silver.

http://goldismoney.info/forums/


2 posted on 06/05/2010 10:15:20 AM PDT by Silver Sabre
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To: arthurus

” Why do we need the IMF? “

One World Socialism


3 posted on 06/05/2010 10:18:54 AM PDT by stephenjohnbanker (Support our troops....and vote out the RINOS!)
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To: Silver Sabre

There is also a lot of crap and socialist drek there. It is useful because it brings together what many different sources and views are out there. I like it and subscribe to their daily email.


4 posted on 06/05/2010 10:43:11 AM PDT by arthurus ("If you don't believe in shooting abortionists, don't shoot an abortionist." -Ann C.)
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To: arthurus
"International Monetary Fund" sounds so much more respectable than "Taxpayer-backed Banking Cartel Slush Fund"


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

5 posted on 06/05/2010 11:12:14 AM PDT by The Comedian (Evil can only succeed if good men don't point at it and laugh.)
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To: arthurus
The IMF goals were to strip the United States of its gold reserves by giving it to other nations, and to merge with their industrial capabilities as well as their economic, social, educational and religious policies to facilitate a one-world government.

Every administration since has helped this proceed.

6 posted on 06/05/2010 11:12:18 AM PDT by wolfcreek (http://www.youtube.com/watch?v=Lsd7DGqVSIc)
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To: wolfcreek
AS far as Jim is concerned, you cannot argue with success
7 posted on 06/05/2010 11:38:01 AM PDT by BooBoo1000 (Obama is like a "Slinky" rather amusing to watch but serves no useful purpose)
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To: BooBoo1000

Yep. The Progressive movement is currently working toward it’s goal.


8 posted on 06/05/2010 11:39:54 AM PDT by wolfcreek (http://www.youtube.com/watch?v=Lsd7DGqVSIc)
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