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Faber: “Only at the Fed is there no inflation”
Marc Faber, editor and publisher of “The Gloom Boom & Doom Report,” discusses the world economy and the amount of paper being printed by central banks. His preference, as a result, is gold. Faber adds that in the current environment, cash and bonds are dangerous. Everything is going up, he says. Only at the Federal Reserve is there no inflation. Click here for a transcript of the interview. Source: CNBC, April 8, 2011. | |||||||||||
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