Central bankers are nothing more than “counterfeit money printers,” says perma-bear...
Friday, September 14, 2012, 7:21 PM ETCentral bankers are nothing more than “counterfeit money printers,” says perma-bear Marc Faber, and Ben Bernanke should resign for messing up the U.S. economy so badly. He's been one of the chief proponents of an ultra-expansionist economic monetary policy, Faber says, which was to blame for the financial crisis in the first place. The Fed has no mandate to boost asset prices and create wealth, it doesn’t work that way. It just winds up being a temporary boost - always followed by a crash.
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