In a wide ranging interview Marc Faber discusses the current state of the global economy and monetary policy. Mr. Faber makes a number of interesting observations, pointing out that devaluations of the Japanese currency have reduced Japanese spending in USD terms. He also believes that the US is likely to implement QE4 this year, and that negative interest rates are essentially an expropriation of saver’s wealth.
Enjoy The Sounding Line? Click here to subscribe for free.