The fallacy of monetary policy in the U.S. is to believe this money will go to the man on the street. It won't. It goes to the Mayfair economy of the well-to-do people and boosts asset prices of Warhols... Very… — Marc Faber Copy Share Image
It was easy for the Democrats to attack the wealthy fat cats of Wall Street, the elite, and the privileged people - to portray them as a profiteer of the system, which to some extent, they are. Not because they… — Marc Faber Copy Share Image
I believe that the market is slowly waking up to the fact that the Federal Reserve is a clueless organization. They have no idea… — Marc Faber Copy Share Image
It is clear to me that the financial sector, including CNBC, loves central banks — Marc Faber Copy Share Image
The positive aspect of my negative view is essentially that you shouldn't own cash and government bonds, but you should be in assets like… — Marc Faber Copy Share Image
Our best long-term and intermediate cycles suggest another slowdown and stock crash accelerating between very early 2014 and early 2015, and possibly lasting well into 2015 or even 2016. The worst economic trends due to demographics will hit between 2014 and 2019. The U.S. economy is likely to suffer a minor or major crash by early 2015 and another between… — Marc Faber Copy Share
Now, McDonald's is a very good indicator of the global economy. If McDonald's doesn't increase its sales, it tells you that the monetary policies… — Marc Faber Copy Share Image
The Federal Reserve - all of them - could be sitting on a barrel of dynamite, and then pouring gasoline on top of it,… — Marc Faber Copy Share Image
If you really believe that every three years the market will double, then go and buy shares. I don't believe that. — Marc Faber Copy Share Image
There's no such thing as a favorite investment. But I think I tend to invest in Asia in promising countries, in equities, in real… — Marc Faber Copy Share Image
The entire political elite has mismanaged the Indian economy for the last 50 years. You cannot solve a crisis that is borne as a… — Marc Faber Copy Share Image
It's pointless to talk to Fed members about economics because they are academics who believe in money-printing. Some of them believe they didn't print… — Marc Faber Copy Share Image
When it comes to money, the best investments were probably the ones I did not make. — Marc Faber Copy Share Image
