Best quotes by Marc Faber on Money

Checkout quotes by Marc Faber on Money

• ‟ My worst investment decision so far is to lend money to friends. So far, it has all come to zero.

  - Marc Faber
  

• ‟ If you print money like in Zimbabwe... the purchasing power of money goes down, and the standards of living go down, and eventually, you have a civil war.

  - Marc Faber
  

• ‟ When you print money, the money does not flow evenly into the economic system. It stays essentially in the financial service industry and among people that have access to these funds, mostly well-to-do people. It does not go to the worker.

  - Marc Faber
  

• ‟ Credit expansion and money printing hasn't filtered much to ordinary people. It's boosted asset markets, real estate and stocks. So well-to-do-people have done very well.

  - Marc Faber
  

• ‟ I am pretty sure central banks will continue to print money, and the standards of living for people in the western world, not just in America, will continue to decline because the cost of living increases will exceed income. The cost of living will also go up because all kinds of taxes will increase.

  - Marc Faber
  

• ‟ When it comes to money, the best investments were probably the ones I did not make.

  - Marc Faber
  

• ‟ Each money-printing exercise brings about unintended consequences. These unintended consequences are higher inflation rates than had no money been printed.

  - Marc Faber
  

• ‟ The fallacy of monetary policy in the U.S. is to believe this money will go to the man on the street. It won't. It goes to the Mayfair economy of the well-to-do people and boosts asset prices of Warhols... Very happy. Very good for the Fed. Congratulations, Mr. Bernanke.

  - Marc Faber