By Money Morning Staff Reports
As the Fed gets ready to launch quantitative easing, dubbed QE3 or QE
Forever -- legendary investor Jim Rogers is shaking his head.
In fact, Rogers, a long-time critic of the Feds policies of money
printing, said repeating the same program the Fed has already attempted
will make policymakers "look like fools again."
Any relief will be temporary, warned Rogers in a gripping interview on CNBC.
The iconic financier also lashed out at the new developments in Europe,
implying that their latest plan to save the euro amounts to nothing
more than governments abusing their license to print money.
On Europe's move to implement a euro version of QE, Rogers said it
affords the Western world "unanimity towards mutual destruction."
"We're all going to pay a horrible price for this in a year or two or three," he said.
How horrible? Worse than Rogers predicts, according to a new investigation.
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