Friday, November 05, 2010

Bernanke Defined

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......

1 comment:

J. Strupp said...

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.