Jim Rogers Says "End the Fed"

Jim Rogers said in an interview on "Breakout," the new financial show offered by Yahoo! Finance (NASDAQ:YHOO), that the Ben Bernanke and the Federal Reserve continue to be a disaster, and if he was instated as Chairman of the Federal Reserve, he would shut it down quickly in order to start working on the problems it has created.

He says Bernanke continues to make things worse by throwing "fuel on the fire," rather than dealing with the underlying issues.

Rogers ultimately sees higher interest rates and inflation going forward, and a major pullback in equities, especially in the tech sector.