Posts Tagged ‘inflation rate’

I am 100 percent sure that the U.S. will go into hyperinflation – Marc Faber

Thursday, June 4, 2009 10:56 2 Comments

Below is an excerpt from a piece in Bloomberg today.
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 with Bloomberg Television in Hong Kong. [...]

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