Rogers: Bernanke, inflation is more terrible than the recession should be class.

Renowned international investor Jim Rogers said recently that Federal Reserve Chairman Ben Bernanke should resign, and predicted the U.S. economy may also be staged after the Japanese bubble economy burst in the "lost decade." .<P> CNBC CNBC reported the U.S. investment guru Jim Rogers said: "Federal Reserve Chairman Ben Bernanke should resign. Federal Reserve chairman, the post should be replaced by the European Central Bank President Jean-Claude Trichet as the, as he made in the protection of the European economy .a good response. "he said, in response to the challenges of inflation, Trichet can be trusted. .Rogers believes that, compared with the economic recession, inflation is more terrible. .</ P> <P> This is not the first time Rogers release Bernanke should be "class," remarks the. .Previously, Rogers in the March 12 has said that the resignation of Federal Reserve Chairman Ben Bernanke, the Fed will help to improve the dissolution of the U.S. dollar, and accelerate the U.S. economic recovery. .</ P> <P> Rogers believes that, although the United States and Japan have announced this year's economic stimulus plan, but the economic stimulus package will also allow the United States and Japan into a longer recession. .Because of these economic stimulus package led to inflation and hamper the economic self-regulating. .He said: "It is like a forest fire in recession." At the same time, Rogers predicted, said: "I fear we are for the continued deterioration of the economic fuel, Japan has emerged the 'lost decade' may also be .will be staged in the United States. "</ P> <P> Rogers has been that recession is the adjustment of the economy are a good way, and prevent the economy from recession will cost a lot, and will lead to more serious recession. .In addition, the Fed should be laissez-faire major investment bank losses. .He said: "The investment banks since the beginning appears destined to go bankrupt, if you try to save every troubled investment bank, it will not conform to the current laws of society." </ P> <P> Rogers believes that if the Fed's measures .similar to the 70s of last century. .The Fed was printing a large number of dollars to avoid a recession, but it also leads to inflation, and ultimately the Fed had raised interest rates by more than 20% to curb rising prices. .He said: "No country through the global currency devaluation to be successful. And this is Bernanke trying to do now. He attempts to depreciation of the dollar to revive the U.S. economy. From the medium and long term, such measures will not be effective." .</ P> <P> For now there's "Fannie and Freddie" crisis, Rogers believes that if they really in trouble, then shot the U.S. government should not rescue them. .He said the rescue operations of Fannie and Freddie will cost taxpayers a lot of money, but eventually it will not solve the economic problems. .</ P> <P> He said: "Why do we let 300 million people in the United States, Fannie Mae and Freddie Mac have the 6 trillion debt 'pay for' it? Let them out of it. We have a bankruptcy court, which .is that they should face. bankruptcy reorganization they will will receive a new life. I am also a 300 million taxpayers, a member of, I should not be the mistakes of these guys' bill'。"</ P> .<P> While Rogers praised the European Central Bank, but he also pointed out that the heavy taxation within the euro zone, people simply unbearable, the future should be vigorously promote the productivity, in order to avoid negative growth in population caused by the crisis. .</ P> <P> in terms of investment, Rogers said he did not sell in the hands of the futures, and in the near future in the hands of agricultural holdings of shares. .He said: "In the next twenty years, we might see 29-year-old farmer drove luxury cars, instead of a 29-year-old investment banker." </ P>.