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Wednesday, June 5, 2013

The Fed has no exit strategy

They [The Fed] will continue to print in my opinion. I don't think they will have an exit strategy, ever. There is no exit. They are so deep into essentially monetizing the U.S. debt. The U.S. Treasury and the U.S. Fed is one and the same. This game will continue for a long time but the impact on the asset markets, that is the question.

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


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