Printing money would forestall the crisis rather than solve it

“A third wave of quantitative easing by the US Federal Reserve is just a matter of time,” Printing money is the way global governments will evade debt crises, such as the one that is gripping Europe,

That would forestall the crisis rather than solve it, keeping prices elevated for assets like stocks, real estate in some areas and precious metal, Dr. Marc Faber said yesterday in Taipei.Loose monetary policies, including low interest rates, intended as a short-term fix, can have unintended consequences later, he added - in www.taipeitimes.com