Sunday, January 31, 2016

Faber : I question the view that Inflation is Good and Deflation is Bad

Marc Faber, editor & publisher of The Gloom, Boom & Doom Report, says the Chinese economy is weaker than six percent growth and talks about the country's president Xi Jinping

"I question the view that inflation is good and deflation is bad because as you've seen in history, say 19th century U.S. economic history, for most of the time the U.S. was in deflation but real wages went up."

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.


Related Posts Plugin for WordPress, Blogger...