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.



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...



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.