US Hyperinflation? Marc Faber seems to think so
Source: http://feedproxy.google.com/~r/YourFinancialFuture/~3/-zykbpdkphY/Posted on Friday, May 29th, 2009 | In Gold Markets, Market Commentary
U.S. Inflation to Approach Zimbabwe Level, Faber Says
By Chen Shiyin and Bernard Lo
May 27 (Bloomberg) #8212; The U.S. economy will enter “hyperinflation” approaching the levels in Zimbabwe because the Federal Reserve will be reluctant to raise interest rates, investor Marc Faber said.
Prices may increase at rates “close to” Zimbabwe’s gains, Faber said in an interview [...]div class=”feedflare”
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Last 5 posts by Alex Stanczyk
- Sprott: US Gov Dead Man Walking - October 21st, 2009
- Bank of England Governer: Regulation can not stop bank failures - October 21st, 2009
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Alex Stanczyk, Bernard Lo;, Chen Shiyin;, Federal Reserve System, Gold Markets, Marc Faber, Market Commentary, United States, Zimbabwe
 About Alex Stanczyk (http://rapidtrends.com/blog)
Alex Stanczyk is the editor of Your Financial Future. Mr. Stanczyk has launched numerous businesses, acted as the CEO of a Publicly Traded US Company, and brings over 21 years of business experience to YFF. He has authored numerous articles, mentored hundreds in personal finance and wealth building, and spends at least 4 hours each day studying the global markets, drawing insight and conclusions from the flows of global commerce. As an Affiliate of Anglo Far East Bullion Company, Mr. Stanczyk specializes in teaching foundational principles of money, the gold market, and why gold has been a storehouse for wealth for thousands of years. |
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