Monday, September 30, 2013

[text] Marc Faber On The End of the Impact of Monetary Policy and Signs of a Currency Collapse | South China Morning Post

http://www.scmp.com/business/article...ame-clsa-forum



"One advanced sign of the cracks in the system are already evident. A dollar of additional credit in the system created significant economic growth, but these days an additional dollar has very little impact. "That is a sign that we have reached the end of monetary policy." Another indication is when the US government has to issue treasuries to pay the interest on its maturing debt. "That will be the end game - then you are dealing with a collapse in the currency.""



by InformedTrades via InformedTrades

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