Sunday, May 9, 2010

Marc Faber : All Central Bankers Should Resign

MARC FABER THE WIZARD OF ECONOMIC OZ ON CNN







Marc Faber : If you believe that money printing helps an economy go to Zimbabwe , there they print money like crazy and the economy has totally imploded ..., that's what money printing does "
"I believe all central bankers should resign because they have created 99% of the crisis by printing repeatedly money and these people they want now to bailout the system ?..no thank you "
"we have a market economy . let the market solve the problems , everything that the government does and interventions in the free market has unintended consequences"
"It is very good , it is perfect that everything goes bust that concerns the financial sector then people will go back and produce something productive and not trade against each other derivatives"

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