When Asset Prices Go Up, Wealth Inequality Increases

Marc Faber : If we look to the last 10 years in the United States, I would imagine that the standard of the average household, of the median household has gone down. There has been a polarization of wealth because if you print money, it benefits people that have assets. When asset prices go up then obviously wealth inequality increases. - in Bloomberg Radio

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.