Marc Faber is interviewed on CNBC. It is difficult to disagree with what he says. For some, his statements may be shocking, but they shouldn’t be. What is happening is the inevitability of democracy, all democracies. Our Founders recognized the unsustainability of democracy, feared it and tried to avoid it by providing the country with [...]
Tag archives for Marc Faber
Marc Faber is always politically incorrect in the manner he deals with the economy. Unfortunately, he is not economically incorrect and that has serious ramifications for our future. Listen to this presentation from the Mises Institute. He minces no words.
Marc Faber presentation:
Marc Faber describes one of the consequences of inflation: We know one unintended consequence, and this is that the middle class and the lower classes of society, say 50% of the US, has rather been hurt by the increase in the quantity of money in the sense that commodity prices in particular food and energy [...]