Marc Faber says America is in QE UNLIMITED
Marc Faber says Janet Yellen will make Ben Bernanke look like a hawk:
I missed this Marc Faber interview on Bloomberg from September 18, 2013. There really hasn't been many interviews with him as in the past. Some of the highlights include:
- QE benefits the top 3% of the population in America
- Only 11% of Americans own stocks
- Janet Yellen's savings account plan for America
Janet Yellen apparently favors Americans losing 5% of there bank accounts annually. Get ready for NEGATIVE INTEREST RATES:
...developing...
