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Inflation: It Will Not Lead To An Even Increase In All Prices
Wednesday, November 21, 2012 19:53
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Ben Bernanke can drop as many Dollar bills as he likes into this room but what he doesn’t know is what we will do with them. His helicopter drop will not lead to an even increase in all prices. Sometimes it will be commodities, sometimes precious metals, collectibles, wages or financial assets. More importantly, the doors to this room are not locked. And so money flows out and has an impact elsewhere – not in this room. – in the LBMA conference, Hong Kong
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
2012-11-21 19:20:32
Source: http://faber-blog.blogspot.com/2012/11/inflation-it-will-not-lead-to-even.html
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