Marc Faber on The Alex Jones 23 June 2009
Alex Jones hosts Marc Faber, investment analyst, entrepreneur, and publisher of the renowned Gloom Boom & Doom Report. Faber recently predicted hyperinflation for the U.S. on a scale endured in Zimbabwe and the Weimar Republic. Alex and Marc Faber talk about hyperinflation the dollar the economy crisis , Obama new plan for the FED and much more ...TAGS are :
alex jones bob chapman glenn beck ignatius piazza marc faber gerald celente jim rogers max keiser geithner swine flu obama bernanke paulson bush economy shultz kissinger rockefeller cnn fox news msnbc cnbc kudlow federal reserve chrystler gm citigroup new world order conspiracy dollar gold silver depression recession inflation hyperinflation
Tuesday, June 23, 2009
Inflation Hyperinflation the Weimar way said Marc Faber
Marc Faber is warning of a Weimar Hyperinflation hitting the USA very soon if the FED keeps on printing paper money out of thin air , the money supply is increasing dramatically and if foreign investors and governments stop using the dollar as the reserve and trade currency , a Weimar Hyperinflation is very realistic the dollar will be worth less than the paper it is printed on , very dangerous scenarios are to be predicted in these cases , it is either a world scale Third World War which seems very plausible or the total disintegration of the United States of America , the Weimar Hyperinflation created WWII in Europe and the rise of totalitarian regimes the same thing could happen in the United States of America ...Marc Faber warns of hyperinflation any time he has the chance to , others like Ron Paul Peter Schiff are pretty much on the same tone ....
"The inflationism of the currency systems of Europe has proceeded to extraordinary lengths. The various belligerent Governments, unable, or too timid or too short-sighted to secure from loans or taxes the resources they required, have printed notes for the balance."
"The inflationism of the currency systems of Europe has proceeded to extraordinary lengths. The various belligerent Governments, unable, or too timid or too short-sighted to secure from loans or taxes the resources they required, have printed notes for the balance."
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