November 02, 2007  Jim Rogers Says Bernanke Is `A Nut' for Cutting Interest Rates 
According to Jim Rogers, Federal Reserve Chairman Ben Bernanke is "a nut" for cutting interest rates in "an inflationary environment." Rogers says cuts in the Fed Funds Rate is harming the US Economy by fueling inflation. "“It’s been a disaster... He’s going to print money until we run out of trees."


Biography (from Wikipedia and other sources)

James Beeland Rogers, Jr. was born October 19, 1942.  Jim is a co-founder, along with George Soros, of the Quantum Fund. He is a college professor, author, world traveler, economic commentator, and creator of the Rogers International Commodities Index (RICI).

Born in Wetumpka, Alabama, Jim grew up in Demopolis.  He got started in business at the age of five by picking up bottles at baseball games. He got his first job on Wall Street, at Dominick & Dominick, in 1964 after graduating from Yale University.

Education

    * B.A., Yale University, 1964
    * M.A., Oxford University, 1966

After studying at Oxford, Rogers came back to the U.S. and joined the Army.

In 1970, Rogers joined Arnhold & S. Bleichroeder, where he met George Soros. That same year, Rogers and Soros founded the Quantum Fund. During the following 10 years the fund gained 4200% while the S&P advanced about 47%. It was one of the first truly international funds.

In 1980, Rogers decided to "retire". Since then, he has been a guest professor of finance at the Columbia University Graduate School of Business.

In 1989 and 1990, Rogers was the moderator of WCBS's "The Dreyfus Roundtable" and FNN's "The Profit Motive with Jim Rogers".

In 1998, Rogers founded the Rogers International Commodity Index, which increased 263% from 1 August 1998 to June 2006.

In 2002, Rogers became a regular guest on FOX News Cavuto on Business which airs every Saturday.

In 2005, Rogers wrote the book "Hot Commodities : How Anyone Can Invest Profitably in the World's Best Market". In this book, Rogers quotes a Financial Analysts Journal academic paper co-authored by Yale School of Management professor, Geert Rouwenhorst, entitled Facts and Fantasies about Commodity Futures. Rogers contends this paper shows that commodities investment is one of the best investments over time, which is a concept somewhat at odds with conventional investment thinking.

Other Books:
Jim's Bestseller:  Adventure Capitalist Adventure Capitalist
Jim's First Book: Investment Biker