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Cliff Küle's Notes Your daily CONSOLIDATOR of the most insightful WEB presentations on the subject of MONEY .. The Ultimate Confidence Game .. How our Monetary System works for the benefit of some .. at the expense of others.

Jun 30th 2013, 01:03, by noreply@blogger.com (Cliff Küle) "Marc Faber* is Right, QE99 Here We Come" Dr. Marc Faber* recently commented - see below video - "If you say that if he means what he says, then you believe in Father Christmas. He said if the economy does not meet the expectations of the Fed in one years' time, they will consider additional measures. In other words, if the economy has not fully recovered by mid-2014, more QE will be forthcoming .. As I said already three years ago, we are going to go with the Fed to QE99." .. recently SocGen's Albert Edwards agreed with Faber's observations: "The economic reality in the West will force further rounds of QE. And in addition do not forget one over-riding structural trend towards fiscal insolvency and unlimited money printing .. Governments will take the path of least resistance, which is to print their way out of this looming fiscal catastrophe. Marc Faber is right. QE99 here we come." LINK HERE to the article "If you say that Bernanke means what he says, then you believe in Father Christmas" Dr. Marc Faber* remarks on inflation vs deflation: "I think investors have a misconception about what inflation is because it is essentially an increase in the quantity of money and credit. We have wage deflation in the world in real terms, for sure. In other words, real wages are going down and the cost of living everywhere are going up. That is why you have social unrest in North Africa, in the Middle East, in Turkey, in Brazil, and it will spread because the average person on the street hasn't participated in the huge asset inflation that has been going on in high-end properties, Mayfair properties, Fifth Avenue, Madison Avenue, the Hamptons and in equities and until recently in bonds and commodities." .. about 9 minutes

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