Fed is printing money "as fast as they can"

[redrumloa]

Fed Is “Ruining an Entire Class of Investors” Says Jim Rogers

No matter what you've heard to the contrary, "there is QE3, the Fed is pumping money into the system," says legendary investor Jim Rogers, disregarding most every Federal Reserve statement over the last six months. In the attached video Rogers explains his lack of trust (read: contempt) for the Federal Reserve and Fed Chairman Ben Bernanke.
Rogers has been a critic of the Fed's quantitative easing programs and artificially low interest rates, pointing to the latter as something akin to QE3 in drag.
"They're lying to us," he says of the Fed. "One reason the markets are holding up so well is that they are printing money as fast as they can."

Well duh