Dr. Marc Faber is a publisher and commentator on financial and economic affairs, investment advisor and author. He is also a past president of the Ludwig von Mises Institute in Auburn, Alabama, and the author of The Gloom, Boom & Doom Report. Dr
Faber has taught economics at Grinnell College, the University of Houston, and the University of Quebec at Montreal. He was a member of Phi Beta Kappa and graduated with highest honors from McGill University in Montreal. He is a graduate of Harvard Business School and received his Ph.D.
from the University of Chicago Graduate School of Business. He has been an investment advisor since 1970 and was one of Canada's youngest millionaires before he turned forty. Dr.
Faber was twice nominated for the Nobel Prize in Economics (1997 and 2005).
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
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 real estate or equities or precious metals or in commodities.Marc Faber
