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Marc Faber: If I Were Bernanke, I Would Resign,,,Do you wish to comment?

mrdog 2012/09/15 09:34:12
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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.












He said Bernanke was one of the main proponents of an ultra-expansionist economic monetary
policy that was to blame for the
latest financial crisis.



“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
said.



“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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Top Opinion

  • Wolf 2012/09/15 10:46:00
    Correct...resign.
    Wolf
    +3
    After he fueled the housing bubble with his friend Greenspan and the Clinton Housing Policies ...and has now added over $3 Trillion in additional debt to the Fed that is not counted in our $16 Trillion Treasury debt...I would say he has caused enough destruction that resignation should be the easiest punishment for his crimes...

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  • jumpboots 187th PIR 2012/09/16 03:33:39
    Correct...resign.
    jumpboots 187th PIR
    He's trying to make the fool in chief look good,something that can't be done.
  • James 2012/09/16 02:43:33
  • Ron in Oregon 2012/09/15 19:50:09
    Correct...resign.
    Ron in Oregon
    It looks like he will hang on until President Romney replaces him next year.
  • David 2012/09/15 18:05:47
    Undecided
    David
    Nah. A serious consultation with Dr. Tarr and Mr. Fether, THEN a forced "retirement" to an offshore, deep, DEEP water location. No water wings supplied.

    (The above dream sequence brought to you by Fantasies for Justice. *heh*)
  • pops 2012/09/15 17:06:03
    Undecided
    pops
    Bernanke is just taking orders from his masters.
  • sickofpolitics 2012/09/15 15:45:06
    Correct...resign.
    sickofpolitics
    +1
    There are several members of the current regime that should resign!!!! I mean several!!!!
  • concerned dude 2012/09/15 15:44:27
    Correct...resign.
    concerned dude
    he represents everything that caused the Wall Street crash
  • Wolf 2012/09/15 10:46:00
    Correct...resign.
    Wolf
    +3
    After he fueled the housing bubble with his friend Greenspan and the Clinton Housing Policies ...and has now added over $3 Trillion in additional debt to the Fed that is not counted in our $16 Trillion Treasury debt...I would say he has caused enough destruction that resignation should be the easiest punishment for his crimes...

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