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Marc Faber say the dollar will become worthless over time

Mac Slavo
May 25th, 2009
Read by 74 people

Dr. Marc Faber on TV Press with Max Keiser on May 22, 2009.

I don’t think the US Dollar will be replaced right away as the reserve currency or as the world’s most important currency. But I think the importance of the US dollar will diminish, and over time the US Dollar will become worthless. That is a fairly high confidence prediction that I have.

I rather think that we will move back in time to some kind of a gold standard rather than to a paper currency.

McDonald’s has a better credit rating than the US government. The US government is essentially cash flow negative.

Marc Faber with Max Keiser (Part 1 of 2), click here. (Note* Dr. Faber does not appear in part 1)

Marc Faber with Max Keiser (Part 2 of 2):

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Author: Mac Slavo
Views: Read by 74 people
Date: May 25th, 2009

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