Marc Faber: "If I Were Bernanke I Would Resign"

Excellent interview from last Friday.  Runs 3 minutes.

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.

“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.”

Read more at CNBC...

---

More from the same interview.  Runs 1 minute.

Marc Faber: Fed Spending Only Helps 'Mayfair Economy'

Comments

[Susan Wilson]

What an idiot to say keep spending for full employment. We are dieing slowly but surely. Uncle "Crazy Spend" Ben please go away and take the Fed with you!!!!