Jim Rogers : This (Operation Twist) is more bad news as far as I am concerned they will continue to print more money continue to spend other people 's money and we are going to run out of other people's money before long ...yes quantitative easing would have been worse but if you look at the balance sheet for FED it continues to rise they are doing a little bit more than what they just say they are doing , somebody is creating credit somewhere and the only person that can do that in the US legally is the federal reserve ....
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All this fancy financial foot work by the fed will solve nothing.
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