Marc Faber Expects Hyperinflation

by Admin on 05/28/2009

Via: Bloomberg

The U.S. economy will enter “hyperinflation” approaching the levels in Zimbabwe because the Federal Reserve will be reluctant to raise interest rates, investor Marc Faber said.

“I am 100 percent sure that the U.S. will go into hyperinflation,” Faber said.

These comments come as Dr. Faber appeared on Bloomberg giving his latest thoughts on inflation, North Korea nukes, Japan, etc…

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