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To: Giordano Bruno who wrote (278311)9/24/2010 9:31:29 AM
From: DebtBombRespond to of 306849
 
Marc Faber "U S will default on debt or enter hyperinflation" 02-05-09
He's 100% sure we'll hyper-inflate.
youtube.com



To: Giordano Bruno who wrote (278311)9/24/2010 9:33:25 AM
From: DebtBombRead Replies (2) | Respond to of 306849
 
U.S. Economy Will Enter Hyperinflation, Marc Faber Says
By Shiyin Chen and Bernard Lo - May 26, 2009 23:32 EDT

Marc Faber, managing director of Marc Faber Ltd.
May 27 (Bloomberg) -- The U.S. economy will enter “hyperinflation” because the Federal Reserve will be reluctant to raise interest rates, investor Marc Faber said.

“I am 100 percent sure that the U.S. will go into hyperinflation,” Faber said. “The problem with government debt growing so much is that when the time will come and the Fed should increase interest rates, they will be very reluctant to do so and so inflation will start to accelerate.”
bloomberg.com