Wednesday, January 26, 2011

Marc Faber On Money Printing

"If you print money, and you have huge fiscal deficits, it would be horrible if the data isn’t any better than it is. So we have a crack-up boom. The question is, how sustainable is it and how healthy is it? It’s all money printing and fiscal deficits. One day the burden of these deficits will have to be paid by someone.  The economy is like a drug addict and you are not going to solve this by injecting more drugs."

Marc Faber

1 comment:

  1. Who cares, I mean really? Just watch the trend and go with it.