The media has brainwashed the electorate to expect the government to do something. The best economic policy of any government is to do nothing but reduce the size of the government, reduce the size of the laws, and reduce the size of regulations. Marc Faber brainwasheconomicelectorate share on social
When it comes to money, the best investments were probably the ones I did not make. Marc Faber investmentmakemoney Change image and share on social
If the Chinese bubble bursts one day, which inevitably will happen - maybe not tomorrow, maybe in three months, maybe in three years - when it happens, it will have devastating consequences for the global economy. Marc Faber bubbleburstchinese share on social
When you print money, the money does not flow evenly into the economic system. It stays essentially in the financial service industry and among people that have access to these funds, mostly well-to-do people. It does not go to the worker. Marc Faber accesseconomicessentially share on social
Each money-printing exercise brings about unintended consequences. These unintended consequences are higher inflation rates than had no money been printed. Marc Faber bringconsequenceexercise Change image and share on social
In the 40 years I've been working as an economist and investor, I have never seen such a disconnect between the asset market and the economic reality... Asset markets are in the sky, and the economy of the ordinary people is in the dumps, where their real incomes adjusted for inflation are going down and asset markets are going up. Marc Faber adjustassetdisconnect share on social
The Federal Reserve - all of them - could be sitting on a barrel of dynamite, and then pouring gasoline on top of it, and then light a cigar with matches, throw the match into the gasoline, and then not notice that there is any danger. Marc Faber barrelcigardanger share on social
The best way to deal with any economic problem is to let the market work it through. Marc Faber dealeconomicmarket Change image and share on social
I don't think Canada is very inexpensive anymore. I travel there all the time; it's rather on the expensive side. I think there's significant risk to the Canadian economy. Marc Faber anymorecanadacanadian Change image and share on social
What I object to the current government intervention in so-called 'solving the crisis', they haven't solved anything. They've just postponed it. Marc Faber callcrisiscurrent Change image and share on social