Rogers' implicit answer is that this paper will flow into his favored soft and industrial commodities. However, this ignores a large and obvious practical issue: the absolute need for functional currency. Once we ditch the last of our banker-paper in favor of holding our wealth in some instrument that actually has value, we cannot simply all load up on commodities.
People are not going to go to their local shopping mall lugging bushels of wheat, barrels of oil, or truckloads of lumber in order to do their daily shopping. However, they will be quite happy to conduct their commerce using silver and/or gold coins, since as a species we have collectively had thousands of years of practice in using this only form of "good money."
What we have here is the world's foremost expert on commodities warning us that we are about to experience a shortage in a "commodity" with which our modern economies cannot function: usable currency.
Then there are silver and gold. These precious metals have a 5,000-year track-record of being the world's ultimate "safe havens" because they are the only perfect form of money we have ever been able to devise.At the same time, thanks to (literally) a century-long propaganda campaign to cause people to forget the true status of these precious metals, gold and silver have never been so under-owned as assets in the history of our species. Even when times are good, people have typically held between 5% and 10% of their wealth in gold and silver, while in times of peril those ratios typically soar. With entire nations going bankrupt, and with the highly respected Jim Rogers predicting an exodus out of many paper currencies (such as the U.S. dollar), we have never experienced an era of such extreme economic crises in our entire lives. Yet, instead of even holding the "normal" 5% to 10% component of wealth in precious metals, Western investors currently hold only about 1% of their wealth in these assets. Consequently, with demand/ownership at a temporary and artificial trough just as we are (apparently) about to experience an explosion in demand for these metals, the current rock-bottom prices for gold and silver cannot last. Here Rogers also had some guidance to offer investors.