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Investment Analyst Mac Faber Tells Fox Business That the Federal Reserve Would Like to See the Stock Market Go Down Somewhat

July 09, 2013 | About:
Fox Business

Fox Business

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Investment analyst and entrepreneur Marc Faber spoke with FOX Business Network (FBN) about the Federal Reserve and whether it will continue to print money. Faber said, "I think the Fed would like to see the stock market going down somewhat so they can go public and say look we need to ease more." He went on to say, "The thinking of the Fed is regardless of if they are in a bad position they will argue it is better to print than not to print."



Excerpts from the interview are below:

On whether the Federal Reserve will continue to print money:

"I think the Fed would like to see the stock market going down somewhat so they can go public and say look we need to ease more otherwise asset markets will decline and we have a problem. So the thinking of the Fed is regardless of if they are in a bad position they will argue it is better to print than not to print."

**CREDIT: FOX BUSINESS NETWORK**

Rating: 1.5/5 (2 votes)

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