Marc Faber, Dollar Will Eventually Go to Value of Zero, Oct 26, 2009

Marc Faber, publisher of the Gloom, Boom & Doom Report, appeared on Bloomberg today, expanding his view on the inflation/deflation, strong and weak US dollar debate. According to him, the losers will be cash and treasury bond and the winners will be foreign currency and commodities. Equities have some power to hedge inflation.

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[30percentplusreturns]

Deflation relative to gold, hyperinflation if measured in dollars!

[StratenaMatoha]

Dictionary is old and not daily updated and real life is not about dictionary :-)

You're an idiot.

[chickatawbutt]

Gonzalo Lira, Tom Woods, Peter Schiff, Mark Faber, Gerald Celente, Max Keiser, Jim Rogers, Ron Paul

[dave777blaster]

I have been saying that for more than 3 years now ,it is an obvious observation.

They will reduce it deliberately in an effort to get rid of the debts

When the American people gnash their teeth and beg for food then the North American Union will come.

It will sweep away the flag the constitution and the patriot.

That's the game plan I hope Americans have prepared we are talking about people starving to death if they did not prepare for this.

Canada has the power to lift USA and MExico

[TheBlitz1]

Marc Faber owns dude, I never heard of him till just now, and from listening to him, you can tell hes not a bullshitter Keynesian like most of the people on TV, we need more Austrian business cycle students on TV

[PhuQuangLe111]

if we start to print our own money they'll just contract the money supply

and if we stick to their game they'll just take us for another ride through inflation or deflation and recession to recession.

[jezza1789]

@tuktukktotam if you mean metaphysics and philosophy were man is a creator of his own life and happiness I agree with you.

[jezza1789]

Ill vote for benanke to get the printing metal

[davetileguy]

I say buy things people will allways need and hoard them,such as liquor,maybey steel? copper,metals take energy to make and will allways be in need.

[fuzzywzhe]

@pgagolf25 He's not talking about hundreds of years, he's talking in terms of decades. You need to understand that wealth isn't the ability to borrow money, it's the ability to produce.  The US has already relegated itself to eventual 3rd world status because it's destroyed it's infrastructure.

[pgagolf25]

marc faber is talking about whats going to happen in hundreds of years. the business of china and india becoming the most dominant places on earth is a long way ways away.. these are still third world countries

[tritonrocks]

My prediction - Marc Faber will eventually die. And I'm 100% certain of that!