Asset Inflation can flow into Consumer Inflation

"Why are so many product prices in Singapore and Hong Kong more expensive than in the U.S.? It's because when you have asset inflation and high property prices, shops have to pay higher rents, so they charge more for their products. So asset inflation can flow into consumer inflation,"

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

Marc Faber

One Day this Asset Inflation will lead to Deflationary Collapse one way or the other

 "We are in a gigantic asset bubble around the world with prices of real estate having risen a lot," he said. "The high end is at record highs. In the Hamptons, in Mayfair, London, Hong Kong, Singapore, and we have a high inflation overseas, so I think that one day this asset inflation will lead to deflationary collapse one way or the other."- in CNBC : Click Here to watch the full interview >>>>>




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