01 June, 2010

The Inflation, Deflation Debate

“Eventually we’ll have much higher inflation rates because if deflation comes first, they’re going to have even more stimulus packages and even more money printing. It’s crazy to even suggest additional stimulus, but that is what the Keynesians believe is the right thing to do. And that will bankrupt Western governments - not just in the U.S., but everywhere.”

in Yahoo! Finance

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.