Lower Volatility May be Short-Lived
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Marc Faber
Marc Faber on the Possibility of Hyperinflation in the United States
Noted investor and publisher Marc Faber believes that the United States will ultimately experience inflation rates that approach the extremely high levels seen in Zimbabwe during the past year: “I am 100 percent sure that the U.S. will go into hyperinflation ,” Faber said. “The problem with government debt growing so much is that when the time will come and the Fed should increase interest rates , they will be very reluctant to do so and so inflation will start to accelerate.” Faber has been a...
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