Wednesday, October 21, 2009

US Dollar Weakness Is A Symptom Of Inflation In The System Marc Faber on istockanalyst

Marc Faber on istockanalyst 14 Oct 2009


The United States is not now or ever going bust. A sovereign government which borrows in its own currency in a fiat currency system can never go bust. An entity which borrows and prints its own money does not have the same constraints that, say, California or Ireland have. How prices are affected is another issue altogether.
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