When you print money it benefits few people

When you print money it benefits few people. Those with assets such as property and stocks get richer, while the rest see their cost of living rise while their wages do not go up commensurately. I believe we are in the midst of the generation that for the first time in Europe, US and Japan will die poorer than their parents.

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