Friday, June 19, 2009

Marc Faber Interview

Hello All!

I am away for the weekend but I wanted to post this excellent Marc Faber interview from CNBC today. This is a nice follow up from what I was discussing in yesterday's post.

Marc does a great job describing the risk of monetary inflation and its effects. Dr. Faber is predicting 10-20% annual inflation 5-10 years from now.

Happy Father's Day to the dads out there.

Enjoy!


2 comments:

FXpropTrader said...

Very good point he makes with healthcare. Healthcare costs are going up more and more as people live longer, get older. I definitely see inflation there aswell as in my petrol and heating bills. Food costs are still tame in western europe though.

Jeff said...

FX

YEah.

I thought he made a great point on education as well.

An average private college in the US costs 30k plus a year. this is literally triple what it costs 19 years ago.