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Jim Rogers: "Bernanke Has Been Wrong Every Time He's Opened His Mouth"

12-07-2010 • Businessinsider.com/

Jim Rogers has labeled Washington D.C. and Ben Bernanke the biggest threats to the global economy is comments made at the Reuters Investment Outlook Summit today. "Mr. Bernanke has been wrong every time he's opened his mouth," he said. "I'm terrified everytime he speaks." Rogers also questioned the Bureau of Labor Statistics data that Fed Chairman Bernanke relies on, suggesting they did not count housing in inflation when prices were rising, but that they do now when it's falling. When asked to give Bernanke and President Obama advice Rogers said, "Abolish the Federal Reserve and resign."

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