Appearing on a recent episode of The Vault, presented by Merit Gold & Silver, Jim Rogers warned the Federal Reserve and central banks around the world have brought the global economy to the brink of disaster, and it’s only a matter of time before inflation – fueled by money printing – will cause gold prices to skyrocket as governments and investors seek refuge.
“We all know that there is inflation, and it’s going to get worse,” Rogers cautioned host Brian Baker. “Do not think that it’s not going to get worse. You should be prepared and you should be worried.”
According to Rogers, the reckless policies of the Federal Reserve have ensured that the consequences of the impending collapse will be much more severe.
“They’re taking what they think is the easy way, but it’s not the easy way because in the end, it’s going to be a lot more painful for everybody. And not just in the U.S., it’s going to be painful for people all over the world.”
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