Bad Medicine: Dr. Marc Faber on Bernanke's Quack C

[traelin0]

Bad Medicine: Dr. Marc Faber on Bernanke's Quack Cures

"If there's one institution in the US that consistently and repeatedly messes up everything, the Federal Reserve is that institution."

So says famed investor Marc Faber in an interview he gave to ChrisMartenson.com this week. In it, Chris and he dive deep into the Fed activity (encouraged by Washington and Wall Street) responsible for the current severe health of our economic system. Both feel that once you understand the nature of the critical role the Fed now plays, you have much better clarity into what the most probable outcomes for our economy and financial markets will be.

Click the play button below to listen to Chris' interview with Marc Faber

Listen to podcast here.

[fairlycrazy23]

When asked what he would replace the Federal Reserve with Thomas Sowell , paraphrasing "do you replace a cancer when you remove it?"

But really the FED seems to have made everything they where designed for worse, in good times they say "see we are so good" and when bad "we tried and if not for us it would be worse".

[traelin0]

It is to be expected from a bunch of bankers whose productive capacity lies in nothing but inflation.