Dr. Marc Faber warns that an "uneven flow of money" could prompt a collapse in the bond market and lead to a stock "bubble". "When you print money, the money doesn't flow evenly in an economy. It flows to some people or to some sectors first, and in this case, it flowed into equities, and until about five months ago, bonds… I believe that markets will punish central banks at some stage through an accident," Faber told CNBC's "The Call." "Either the bonds market will collapse, bonds have been actually very weak considering the unlimited quantitative easing of the Fed. The other thing is that stocks could go into a bubble stage," he added. "The stock market is not that cheap anymore. Here in Asia we have many markets that are up 250 percent from the lows. That is not very inexpensive anymore. Let us put it this way...the stock market is discounting already a lot of the good news," he said"For the first time in four years, since the lows in March 2009, I love this market because the higher it goes the more likely we will have a nice crash, a big time crash," he said.