Thursday, March 1, 2012

Marc Faber : The honest savers will pay the price - Inflation is inevitable

Dr Marc Faber Says ECB latest loans to European banks will only calm markets short-term, lead to inflation in the long-term and push banks’ funding problems into the future, in an interview with the German newspaper Handelsblatt published today 1st March 2012 : Marc Faber: "No, it just shifts the problems in the future. I've always fought against this policy of printing money. Central banks in many countries only dilute the money, it loses its purchasing power. Inflation is inevitable." - in


Related Posts Plugin for WordPress, Blogger...