The Fed has been "misleading" investors on wanting a strong dollar, Faber said, as it kept lowering the interest rates. "When it comes to action, they show no concern about inflation."
He also blamed the central bank for forcing investors to abandon safe deposits in banks for riskier strategies by keeping rates so low.
"The Federal Reserve is the greatest speculator—they force people to speculate," he said.
"I think they should have stopped cutting rates at say 4 percent … you could stop cutting rates and pursue a tight monetary policy. You can take other measures, mop up liquidity," Faber added.
There's a video of the entire interview at the title link.
4 comments:
I’m not that much of a online reader to be honest but
your sites really nice, keep it up! I'll go ahead and bookmark your site to come back later on. All the best
Review my blog - Upper James Manor - Greg Iacomo
Greate pieces. Keep writing such kind of information on
your blog. Im really impressed by your site.
Hi there, You have done an excellent job. I will certainly digg it and for my part
recommend to my friends. I am confident they will
be benefited from this website.
my site: click through the up coming website
Hi there to every single one, it's truly a nice for me to go to see this web page, it consists of valuable Information.
My web page :: view this site
I am really impressed along with your writing skills and
also with the structure for your blog. Is that this a paid subject matter or did you customize
it yourself? Either way stay up the excellent high quality writing,
it is rare to see a great blog like this one nowadays.
.
My blog - big natural porn star
Post a Comment