ET Now: How do you see emerging markets manage the inflation versus growth equation?
Marc Faber: Like in Western countries, Asian central banks will also
ease over time and they have done that already in some countries. There
are not many countries in the region that are as disciplined as
Singapore. I believe that even though there will be some inflationary
pressure, but because of the overall weakness in the global economy
the energy prices will come down somewhat. Moreover, food prices are
already somewhat down after having risen so much, and are currently not
as high as they were a few years ago. - in ET NOW
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