Sunday, August 4, 2013

Marc Faber : The Fed is clueless



I think that the Fed is completely clueless. It is composed by a group of academics. Most of them, or I would say 95 percent, have never worked in a regular job in their lives. They all went to universities and then they went to the Fed or other financial institutions. They have no clue what makes an economy move.




Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

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