Rogers: US Must Stop Printing Money, Copy Europe
The United States needs to stop printing money and take on austerity measures like the Europeans did, in order for the economy to recover, said billionaire investor Jim Rogers, chairman of Rogers Holdings.
"I'd rather have the Europeans running the U.S. central bank than the people running the U.S. central bank, least they know how to try to build for the future," Rogers told CNBC Monday.
Posted on August 30, 2010
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