"The Fed will never end QE for good," "They will continue because
these programs, once they're introduced, usually keep on going.""The
economic recovery, or so-called recovery, by June of next year, will be
in the fifth year of the recovery," Faber said. "So at some stage the
economy will weaken again, and at that point, the Fed will argue, 'Well,
we haven't done enough, we have to do more.'""The Federal Reserve—all
of them—could be sitting on a barrel of dynamite, and then pouring
gasoline on top of it, and then light a cigar with matches, throw the
match into the gasoline, and then not notice that there is any danger,"
Faber said. "That is the state of mind of the professors at the Fed, who
never worked a single [day] in business." "They may do some cosmetic
adjustments, but in my view, within a few years, the asset purchases
will be substantially higher than they are today,"