Faber - The Most Dangerous Trend Facing The World Today

Marc Faber: “They will continue to do it (print money), and this will lead to a misallocation of capital as we had in the past, and to further bubbles here and there.  They can sterilize it (bond buying) to some point, but I think, in general, what usually happens is these measures are not fully sterilized.

... I believe central bankers are in this world to print money.  They are, intellectually, completely dishonest or incompetent, and that’s all they know.  They never worked a day in their lives.  They are all kind of grown in the academia.... Click here for link to KWN interview.