"This man is a nut. The dollar is collapsing, commodities are going through the roof, which means inflation's going through the roof.
"These people are leading us to terrible problems down the line.''
"Bernanke loves printing money."
Rogers says of FOMC chairman Bernanke's job performance:
“It’s been a disaster."
"If a 6% decline in the stock market causes the man to go and cut interest rates by a half a percent, when inflation is running rampant, when the dollar is under pressure anyway, what’s he going to do when the market is down 36%? What’s he going to do when we have a real crisis? He’s going to print money until we run out of trees. I don’t want to own U.S. dollars in an environment like that.”
He's going to print money until we run out of trees, you have to love that line. Unfortunately, it remains the case. Jimmy has become Bernanke's greatest critic and it's about time somebody with a big voice took the Fed to task.