Marc Faber: If I Were Bernanke, I Would Resign,,,Do you wish to comment?
Marc Faber: If I Were
Bernanke, I Would Resign
Central bankers are “counterfeit money printers” and Federal Reserve
Chairman Ben Bernanke should resign for messing up the U.S. economy so badly,
Marc Faber, author of the Gloom, Doom and Boom, told CNBC on Friday.
“If I had messed up as badly as Bernanke I would for sure resign. The
mandate of the Fed to boost asset prices and thereby create wealth is ludicrous
— it doesn’t work that way. It’s a temporary boost followed by a crash,” Faber
“If we have an economic crisis in the Western world it’s because the
government makes up 50 percent or more of the economy. This is a cancer that is
taking away people’s freedom,” he said.
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