"The exit strategy in my view will be more money printing, more monetization. And whereas Ben Bernanke may talk about interest rates increases at some point, you could go to 10 percent interest rates or 20 percent, but if inflation is 20% and thereafter 30% you still have highly negative interest rates. In other words, interest rates inflation-adjusted are negative. And I think that is what will happen in the US. As in the seventies, interest rates will stay below the cost of living increases."
in Bloomberg
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.
