Posts Tagged ‘zimbabwe’

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. [...]

This was posted under category: Inflation, Marc Faber Tags: , , , , , , , , , ,

VIDEO: America Will Default on Debt or Hyperinflate

Saturday, February 14, 2009 20:10 No Comments

Marc Faber: “In the US, we have a totally new school (of economics), and it’s called the Zimbabwe School.”

This was posted under category: Default, Inflation, Marc Faber, Treasury, Video Tags: , , ,
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