“If you print money like in Zimbabwe... the purchasing power of money goes down, and the standards of living go down, and eventually, you have a civil war.” IfsWarStandardsEuropeDown AndCivil WarPrintStandards Of LivingZimbabwePurchasingPurchasing Power Author:Marc Faber
“If the U.S. Government was a company, the deficit would be $5 trillion because they would have to account by general accepted accounting principles. But actually they encourage government spending, reckless government spending, because the government can issue Treasury bills at extremely low interest rates.” IfsGovernmentWould BeInterestCompanyPrinciplesIssuesLowsAccountsBillsRateSpendingAcceptedDeficitRecklessAccountingTreasuryInterest RateGovernment SpendingUs TreasuryTreasury Bill Author:Marc Faber
“If we have an economic crisis in the Western world it's because the government makes up 50 percent or more of the economy. This is a cancer that is taking away people's freedom.” PeopleIfsWorldGovernmentEconomyEconomicPercentCrisisWesternCancerWestern WorldEconomic Crisis Author:Marc Faber
