The Jim Rogers mutual fund maintains that the Fed should be abolished. Between Greenspan and Bernanke, they have taken a tremendous amount of junk, and it isn’t going to last. We will have problems without a central bank, but we will have fewer problems than we are getting with our current central bank.

Throughout history, the Jim Rogers mutual fund analysis is that governments that get themselves into these situations don’t attempt to fix anything until there is a crisis. The next one will be bigger and worse than the last one. There aren’t enough trees to print the amount of money needed. The Fed shot all their bullets. The pain that is needed to be taken is so great that no politician could ever run on doing something like that.

Ben Bernanke is just an Ivy League professor. He doesn’t know anything and he has never been right. He says that he is going to stop QE2. But when things get tough, he is going to be under enormous pressure to get Obama re-elected and hold everything together through 2012.

Obama talked about how he was going to unwind everything. Don’t pay attention to that man. We’ve been abusing our economy and our debt. The only reason we have gotten away with it is that the dollar was the reserve currency.

The Jim Rogers mutual fund recommends that you learn about foreign investments and currencies and commodities. Or you could become a farmer. There will be many ways to benefit from the trends of the next 20 years.