Marc Faber Quotes (7 Quotes)

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.

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.

What I object to the current government intervention in so-called 'solving the crisis', they haven't solved anything. They've just postponed it.

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.

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.

If you are eager to invest in countries that have good corporate governance, don't invest in emerging economies,

Twenty years ago, ... a family spent its income on housing, clothing, food appliances, cars, a radio and a TV. Today, it will spend additional money on a DVD player, computers, fax machines, printers, several cellular phones and a whole host of other new electronic gadgets...modern society requires people to continuously enlarge the 'basket of goods' that are considered necessary to lead a 'good life.'