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Thursday, May 28, 2009

Marc Faber links inflation to pregnancy

A very interesting interview (with a lot of humor) of Dr. Marc Faber on the prospect of hyperinflation in the US.

He links inflation to pregnancy, "a little bit pregnant is as good as 100% pregnant". A hilarious analogy! But he did raise a very intriguing question ---why do economists unanimously think deflation is worse than inflation?

Watch part of the interview here on YouTube: