If you print money like in Zimbabwe... the purchasing power of money goes down, and the standards of living go down, and eventually, you have a civil war.
More Quotes from Marc Faber:
What I object to the current government intervention in so-called 'solving the crisis', they haven't solved anything. They've just postponed it.Marc Faber
I wouldn't buy the Indian stock market today. It is not a bargain. If it goes too much higher, it could easily halve. Chinese shares, which were very expensive, are now more reasonable.
Marc Faber
If you are eager to invest in countries that have good corporate governance, don't invest in emerging economies,
Marc Faber
The Japanese share market will strongly outperform New York in the next five years, ... The enormous cash reserves from private households and companies, the money they keep under their mattresses, will flow into the economy.
Marc Faber
It's a step in the right direction, although not a big step, ... helps stabilize the currency for a while, but it's addressing the symptoms why the currency's weak, not the causes why the currency's weak.
Marc Faber
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Based on Topics: Citizenship Quotes, Money & Wealth Quotes, War & Peace QuotesBased on Keywords: purchasing, zimbabwe
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