Friday, October 26, 2012

Quantitative Easing in Asia too : Asian central banks will also ease over time

ET Now: How do you see emerging markets manage the inflation versus growth equation?

Marc Faber: Like in Western countries, Asian central banks will also ease over time and they have done that already in some countries. There are not many countries in the region that are as disciplined as Singapore. I believe that even though there will be some inflationary pressure, but because of the overall weakness in the global economy the energy prices will come down somewhat. Moreover, food prices are already somewhat down after having risen so much, and are currently not as high as they were a few years ago. - in ET NOW


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