Marc Faber News Blog Investments and Trading Ideas - A Tracking Blog About Dr. Gloom Boom & Doom Marc Faber , Daily Tracking of Dr. Marc Faber Investment Strategy , Market analysis , Outlook & Media appearances
Sunday, December 29, 2013
QE Only Helps The Rich People
QE helps rich people whose asset prices go up and whose net worth then
increases but it doesn’t flow to the man on the street who is faced with
higher costs of living with price rises. You just have a small economy
that is booming but the majority of the economy is damaged by QE. - in CNBC
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.