Saturday, December 15, 2018

The FED can Print Money but cannot control where it will go

Marc Faber : "If you have four asset classes in a room - real estate, bonds, equities and commodities; and in this room you have the Federal Reserve, in the form of Mr Bernanke flying around in his helicopter dropping dollar bills on you, then he can control the quantity of dollar bills that will come into this room, but what he doesn't control is where it will go to. At times it can go into real estate, and at other times it can go into commodities and so on."

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.

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