Quotessence
Home / Quotes / Quote by Jim Rogers

Quote by Jim Rogers

“Debasing your currency sometimes works in the short term, it has never worked in the long term and does not even usually work in the medium term. Lots of politicians like to do it because it is an easy way.”

Quote by Jim Rogers

Author

Jim Rogers
Jim Rogers

Jim Rogers is a renowned investor, born in October 1942. He has a significant influence in the global investment field, particularly known for his profound insights into the commodity market. more

You May Also Like

“One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do. Most people – not that I’m better than most people – always have to be playing; they always have to be doing something. They make a big play and say, “Boy, am I smart, I just tripled my money.” Then they rush out and have to do something else with that money. They can’t just sit there and wait for something new to develop”

“And where are we told in the Scriptures that we are to keep the first day at all? We are commanded to keep the seventh; but we are nowhere commanded to keep the first day .... The reason why we keep the first day of the week holy instead of the seventh is for the same reason that we observe many other things, not because the Bible, but because the church has enjoined it.”