Marc Faber : Easy monetary policies create greed and bubbles

Marc Faber : ...well basically easy monetary policies create greed and bubbles , and one of the symptoms of bubbles and manias , investors manias is always the proliferation of Fraud , Embezzlement and dishonest practices , we have also in the US , I mean basically I would say Fannie Mae and Freddie Mac were a complete fraud but of course the government will never admit that , I think the US government is a complete fraud with the exception of some decent but by in large it is a fraud it is a Ponzi scheme , - in the FSN interview