Very Few Americans Know What Quantitative Easing Is

It`s pretty astonishing to me, there was a poll done recently, and very few americans even know what Quantitative Easing is. Very few americans have any clue about the debt situation. They just don`t know. So in circumstances like that, it`s fairly easy, if someone goes on TV with a nice suit, a nice hair cut and says "The sky is blue." Well, everybody says, my goodness, the sky is blue. They don`t even bother going to look out the window to see if its blue.



Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Posted in: Wall Street Trading