Marc Faber-Government Efforts to Spur Growth May Lead to Inflation

by Admin on 03/10/2009

Treasuries fell, eroding this month’s gains, as investors prepared to buy a record $34 billion of three-year notes the U.S. government is selling today.

“The massive money printing we have and the massive deficits we have now will make it difficult when there are some price pressures for the Federal Reserve to actually increase interest rates” 

“We’re laying the foundation here for more inflation.”

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