Protesters should occupy the FED not Wall Street

Marc Faber : well, my view is and you just heard the interview of the gentleman before, Basically we have the Keynesians and we have the democrats and I am not saying that all democrats are equal, but they want interventions and we had far too many interventions in the western world where the share of the total economy that goes to government and is government sponsored has grown. and that essentially makes it very difficult for the western world to grow substantially. add to that huge level of debts, I don't see how the western world, including the U.S., Japan, and western Europe can actually grow. they're going to stagnate. and when you have stagnation over a longer period of time, then people start to ask questions and then they go after minorities, and Wall Street is a minority they are a minority that anyone else would have done the same. they used the system. but they didn't create the system. the system was created by the lobbyists and by Washington. so they should actually go to Washington and also occupy the federal reserve on the way. - in CNBC 11th Oct 2011

Liquidity Tightening is bad for asset prices but good for the U.S. Dollar

Marc Faber : yes. well, I think the volatility arises because we had the NASDAQ bubble and then we had the housing bubble and the stock market bubble and then a commodities bubble. and usually when the bubble bursts like after 29 or like after the late '60s you have a period of very high volatility for about 10 to 15 years before the markets settle down and then reignite the uptrend. And as far as the dollar is concerned , the reason I am actually quite positive is that global liquidity, despite of the fact that the ECB and the European governments will flood the market with liquidity to bail themselves out that, global liquidity is tightening. and whenever global liquidity is tightening, it's bad for asset prices but it's good for the U.S.. dollar as was the case in 2008. - in CNBC 11th Oct 2011

Marc Faber Video Interview - CNBC - 11 October 2011

Dr. Marc Faber of the Gloom, Doom & Boom Report, talks about his outlook for the global economy with Squawk Masters of the CNBC this morning 11th October 201 ha said that he expects volatility in the market to continue , and that he is bullish on the US Dollar because the global liquidity is tightening Despite of the fact the ECB and European governments will flood the markets with liquidity to bail themselves out, global liquidity is tightening," he says. "It's bad for asset prices but it's good for the US dollar.