"There is an election in November 2012. Every time there is an election, the government pumps as much money as it can so it can to win the election. Of course things are going to look and feel better because Bernanke is printing money and Obama is spending money," Rogers said. He added that the US public are essentially "saps," being fooled by a government eager to harness as many votes as possible in an election year. "They want to fool all of us saps and get us through the elections, and then they'll say we'll worry about those saps next year," he said. "They want to fool all of us saps and get us through the elections, and then they'll say we'll worry about those saps next year," he said.