27 May, 2009

Money Printing Can Create a Mini Boom

The huge inflow of liquidity to the system combined with huge fiscal deficits, can lift economic activity and stock market for some time. If I throw money to the system I can create a mini boom but not a lasting one.

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like Gold and Oil.