Faber Expects U.S. Interest Rates to Stay at Zero Forever (Below the Rate of Inflation)
Interest-Rates / US Interest Rates Mar 20, 2010 - 09:02 AM GMT"I think interest rates forever in the US will be at zero. By zero I mean below the rate of inflation" Marc Faber told CNBC. A slowing U.S. Economy will be followed by more money printing that will prevent a stock market crash. Eventually Governments will go bust, but before they will go bust they will print a lot of money.
Faber also said that the Chinese economy will slow down.
© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.