Thursday, April 30, 2009

stocks will go up because of the money printing

TO BE NOTED: From Marc Faber:

"
April 29, 2009

The FED Will Keep Printing Money

The Swine Flu is a problem. In the next 20 years we will have goepolitical porblems, social problems and pandemic problems. They will all weigh in asset prices.

But don`t forget the worst things become, more money will be printed by Mr. Bernanke. He will print endlessly. Even if things are very bad economically, companies with no revenues and no earnings, but stocks will go up because of the money printing. "

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