Marc Faber

Biography

Quotes

  • What I object to the current government intervention in so-called 'solving the crisis', they haven't solved anything. They've just postponed it.
  • If you print money like in Zimbabwe... the purchasing power of money goes down, and the standards of living go down, and eventually, you have a civil war.
  • When you print money, the money does not flow evenly into the economic system. It stays essentially in the financial service industry and among people that have access to these funds, mostly well-to-do people. It does not go to the worker.
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