Jim Rogers on why Agriculture is set to go higher and why we may see rising inflationary data.
“We are already seeing inflation in many places and many products, [but] most governments lie about it. They have a reason to lie about it. Prices are going up and it is going to get worse. In the past three or four years, inflation has been covered up by the [fall in] crude oil prices, which have come down so much. It is the single most important thing in the cost of living."
“When agricultural prices [start] going higher and oil is also going higher. Yes, we are going to suffer [from high inflation]."
via theedgemarkets
