Monday, September 23, 2013

Central Banks Created a Monetary Inflation with Zero Interest Rates & Money Printing

MARC FABER : "What we've had in the world is a crisis in 2008 that was caused by excessive leverage and excessive debt brought about by excessively low interest rates.

 For the last 4 years the Fed Funds rate has been essentially at zero and we have massive money printing - monetary inflation. This creates a huge pool of liquidity.

The problem is that this liquidity will not flow evenly. It can flow first into NASDAQ stocks until March 2000, then in the US housing market, then in commodities, and gold, and then in emerging markets

You have one bubble after the other. The bubble goes up and then is deflated when the capital (liquidity) moves out. That is the problem of money-printing by central Banks " - in a recent interview with the Business Talk. Thai Nation Channel TV : Click here to watch The Full Interview >>>>>>

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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