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== Renowned investor and billionaire Jim Rogers' additional commentary on Ben Bernanke ==

== Renowned investor and billionaire Jim Rogers' additional commentary on Ben Bernanke ==

Wall Street Pit wrote concerning renowned investor and billionaire Jim Rogers:

Wall Street Pit wrote concerning renowned investor and billionaire Jim Rogers:

{{cquote|Billionaire investor Jim Rogers, chairman of Rogers Holdings, says he doesn’t understand how monetizing even more debt can solve a problem caused by too much debt.  According to Rogers, Fed Chairman Ben Bernanke has failed in spuring economic growth as a result of the massive increase in the money supply brought about by the Federal Reserve’s loose monetary policy. Rogers suggests the U.S. must stop printing money and take on austerity measures like the Europeans did to let the economy recover.<ref>http://wallstreetpit.com/42754-jim-rogers-to-bernanke-stop-the-printing-press</ref>}}

{{cquote|Billionaire investor Jim Rogers, chairman of Rogers Holdings, says he doesn’t understand how monetizing even more debt can solve a problem caused by too much debt.  According to Rogers, Fed Chairman Ben Bernanke has failed in spuring economic growth as a result of the massive increase in the money supply brought about by the Federal Reserve’s loose monetary policy. Rogers suggests the U.S. must stop printing money and take on [[Ascesis|austerity]] measures like the Europeans did to let the economy recover.<ref>http://wallstreetpit.com/42754-jim-rogers-to-bernanke-stop-the-printing-press</ref>}}

An excellent video of Jim Rogers talking about the gross economic incompetence of Ben Bernanke can be found [http://wallstreetpit.com/42754-jim-rogers-to-bernanke-stop-the-printing-press HERE].

An excellent video of Jim Rogers talking about the gross economic incompetence of Ben Bernanke can be found [http://wallstreetpit.com/42754-jim-rogers-to-bernanke-stop-the-printing-press HERE].