Sep 14

Dow 100,000? Marc Faber Warns: Central Banks “Will Monetize Everything… Introduce Socialism”:

“…the madness in the present time may go on. In a manipulated market, it won’t end well… They could essentially monetize everything, and then you have state ownership. And through the central banking system, you introduce socialism and communism, which is state ownership of production and consumption. You would have that, yes, that they can do…I don’t think the central bankers are intelligent and smart enough to understand the consequences of their monetary policies at present.”

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One Response to “Dow 100,000? Marc Faber Warns: Central Banks “Will Monetize Everything… Introduce Socialism””

  1. squodgy Says:

    Today’s X-22. The economy, Gold, Housing, Jobs. Seems everything is not what we think.

    https://www.youtube.com/watch?v=Eo4L1eCCbVc

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