Famed economist Marc Faber gave an interview to The Australian Financial Review and had no compunctions about tearing into the horrible policies of central banks around the world. Like Peter Schiff, Faber doesn’t see any real tightening happening in the near future.
“Central bankers are completely insane… These are people who are professors, academics who never worked a single day in their life in an ordinary job. Because money printing doesn’t help ordinary people . . . it helps asset prices… My sense is that central banks are unlikely to tighten because they’re in such deep shit already and they will continue to print.”
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Central Banks Are in Deep $@#%
Famed economist Marc Faber gave an interview to The Australian Financial Review and had no compunctions about tearing into the horrible policies of central banks around the world. Like Peter Schiff, Faber doesn’t see any real tightening happening in the near future.
Read Full Piece Here
Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Interested in learning about the best ways to buy gold and silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!