Monday, February 25, 2013

Ben Bernanke doesnt understand economics


Regarding Bernanke:

He doesn’t understand economics, he doesn’t understand finance, he doesn’t understand currencies. All he understands is printing money.

Read his studies of the depression. No mention of debt, no mention of foreign trade, no mention of currencies. He doesn’t know anything about what’s going on in the world. He just understands printing money.

Jim Rogers

Warren Buffett

Nouriel Roubini