"When a government openly defaults on its debt, the workout process is reasonably equitable, with generally receiving 30 to 80 cents back on the dollar. But if a government decides to default through money printing, the burden of the default isn't shared equally. Holders of that nation’s currency get hit worst, and that’s what will happen to dollar holders"
in Money News
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.
