Marc Faber : Bernanke probably watches the S&P every day

"I think Mr. Bernanke doesn't know much about the global economy but he probably watches the S&P every day," "Until very recently the Feds have had very few critiques, very few people criticized the Fed's policies under Mr. Greenspan and Mr. Bernanke," Marc Faber told CNBC yesterday "Over the last few months, a lot of critical comments have come up about the Fed and its money-printing habit. The S&P drops 20 percent (and) all the critics will be silent and they will all applaud new money-printing." Marc Faber said when he was interviewed on the phone by CNBC on the 15 March 2011 he spoke about the Japanes Quake its implication on the Yen the JGBs and the Japanese Equities and commodities he also said that the S&P Standard & Poor's 500 is likely to to drop as much as 15 percent and that Fed Chairman Ben Bernanke will likely to bring QE 2 , QE 4, QE 5, QE 6, QE 7 and up to QE 18