Monday, September 30, 2013

We have Reached the End of Monetary Policy


Advanced sign of the cracks in the system are already evident. A dollar of additional credit in the system created significant economic growth, but these days an additional dollar has very little impact. "That is a sign that we have reached the end of monetary policy."  -  at the CLSA Investor Forum


Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.