The definition in only a couple of words:
“Dr. Bernanke unfortunately does not understand economics, he does not understand currencies, he does not understand finance,” Rogers, 68, said in a lecture at Oxford University’s yesterday. “All he understands is printing money.” --Jim Rogers
Not quite.
Bernanke is actually conjuring money.
Meaning that he is the warlock to O'Donnell's witch.
But she quit that when she left high school......
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Imagine that. Jim Rogers telling the kids that, “The place to be is in commodities, raw materials, natural resources.”
"currency debasement has never worked".
???? I guess his history books only go back to 1933.
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