World Markets in a terrible mess but Jim Rogers makes money. Proof the elite prosper while the average investor is butchered.
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The CNN Reporter asks Jim about the U.S. Federal Reserve statement on interest rates and what it means for Asia. Jim responds that it means mass destruction for currencies but he owns the Renminbi.
Jim Rogers says: "This is not good for the world this is terrible terrible I mean we're all making money off of it but it's terrible terrible news because now you have more currency debasement and more inflation."
