“When you print money, the money does not flow evenly into the economic system. It stays essentially in the financial service industry and among people that have access to these funds, mostly well-to-do people. It does not go to the worker.” PeopleWellsDoeEconomicIndustryFlowWorkersFinancialAccessFundPrintEconomic SystemsFinancial ServicesService Industry 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
“In the economy of the cuckoo people that populate central banks, everything is possible. What you have is gigantic bubbles, the NASDAQ in 2000, then the housing bubble and then commodities in 2008 when oil went from $78 to $147 before plunging to $32 within six months.” PeopleEconomyMonthsSixOilBubblesCommoditySix MonthsHousingCentral BanksCuckoosHousing Bubble Author:Marc Faber
“The problem with Mr. Obama is that you get more regulation and it's a disincentive for businessmen to hire people. You probably also get higher taxes, so in terms of the economy, he is very negative in my view.” PeopleProblemTermViewsEconomyHigherTaxesNegativeRegulationBusinessmanGetting High Author:Marc Faber
