Tuesday, May 22, 2012

 

 
 
 
 
 
Marc Faber reveals where all the new gov't money is going
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Friday, September 18, 2009
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From (unauthorized) Marc Faber Blog:

You can boost any kind of asset by printing money. What then happens, you can print money whether physically with a printing press or electronically, what you don't really control are the long term consequences of the money printing.

In other words, the money then flows into the system and it can go into commodities, or into equities, or it can go into art prices, it can go into wages or into consumption. And when we have large excess capacity and you have very high unemployment...

Read full article...

More on inflation:

Value guru Dreman explains how to beat inflation

How to protect your savings in the coming devaluation

Porter Stansberry explains the forces behind the current rally

Topics: Guru | Inflation | Cruxallaneous
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