Dr Marc Faber is interviewed by HoweStreet.com on the 8th of May 2009 which produced the following two interesting videos.
With all the government bailouts I was surprised to hear that the possible M3 (simple definition here), which the Fed stopped reporting. It is reported to be increasing to around 10% per month. That’s going to be quite a bit of inflation heading our way.
Marc Faber has some very interesting things to say, as always, and I’ve enjoyed the videos — especially part 2.
Part 1
Part 2
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