Marc Faber on the Debt Deficit and Dollar Decline

Dr Marc Faber said in an article he wrote for the dailyreckoning
” I really think that the U.S. and other Western governments are doing their very best to impoverish their countries."
I wonder what Dr. Friedman would say 30 years later about our current predicament and the role government is assuming in our lives? The individual’s freedom and ability to choose and take risks to create value are, of course, all important life elements and a cornerstone of our country."
The article is entitled : The Frame of Mind of American Economic Policymakers,

Posted in Debt and Deficit, Dollar Decline, Featured, The Daily Reckoning, In 2 parts :
Read the full article : Part I and Part II

The Fed will print more Money Marc Faber says

If things deteriorate, the Fed will print more money. Mr. Bernanke talked a few years ago about dropping dollars from helicopters to stimulate the economy. It would be wrong not to take this statement seriously because that is the thinking among policymakers in the U.S. It is a disastrous policy but it can really make stocks go up -- commodities, too. Since the lows in December, oil is up more than 100%. A lot of liquidity has flowed into commodities, which is a sign investors are concerned about the value of paper money.