Marc Faber, author of the Gloom Doom & Boom Report, believes the greatest risk to global economy is the impending inflation that will occur due to easy central bank policy and money printing. Faber says Friday’s “key reversal day” was a sign that markets will perceive further government intervention as inflationary and will result in higher prices for commodities, equities and gold.
Source: Bloomberg (via YouTube), August 30, 2010.
