Global investor Jim Rogers says the Federal Reserve is "Unleashing an Inflationary Holocaust" on us all Calgary, Alberta CANADA, October 14, 2008 /FSC/ - Agcapita Farmland Investment Partnership (AFIP - 0), Legendary global investor Jim Rogers says the bail-outs being conducted by the Federal Reserve and the US Treasury are "unleashing an inflationary holocaust' on us all. The US runs massive current and fiscal account deficits; therefore, the trillions of dollars involved in the bail-outs will inevitably be printed as the only realistic way to pay for them is via inflation. To put $3 trillion into perspective, it took the US over 200 years to reach approximately $10 trillion in money supply and no more than 12 weeks to commit to another $3 trillion and counting. Jim Rogers continues to advocate investments in agriculture commodities and farmland in selected markets - including Canada. As part of his belief that western Canadian agriculture has a bright future ahead of it, Jim Rogers recently joined the advisory board of Agcapita Farmland Investment Partnership a Calgary based, agriculture, private equity firm. Agcapita's investment team has over 40 years private equity and fund management experience and over $1 billion in total career transactions. The team currently manages a group of private equity funds with almost CAD$ 100 million of assets under management and previously managed a group of emerging market funds with almost C$500 million in assets for one of the largest banks in Europe.
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