{"id":3845,"date":"2012-03-17T23:19:49","date_gmt":"2012-03-18T03:19:49","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=3845"},"modified":"2012-03-17T23:19:49","modified_gmt":"2012-03-18T03:19:49","slug":"marc-faber-beware-the-unintended-consequences-of-money-printing","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/17\/marc-faber-beware-the-unintended-consequences-of-money-printing\/","title":{"rendered":"MARC FABER: Beware The Unintended Consequences Of Money Printing"},"content":{"rendered":"<p><strong>Marc Faber:<\/strong> I do not believe that the central banks around the world will ever, and I repeat ever, reduce their balance sheets. They\u2019ve gone the path of money printing and once you choose that path you\u2019re in it, and you have to print more money.<\/p>\n<p>If you start to print, it has the biggest impact. Then you print more &#8211; it has a lesser impact unless you increase the rate of money printing very significantly. And, the third money printing has even less impact. And the problem is like the Fed: they printed money because they wanted to lift the housing market, but the housing market is the only asset that didn\u2019t go up substantially.<\/p>\n<p>In general, I think that the purchasing power of money has diminished very significantly over the last ten, twenty, thirty years, and will continue to do so.<\/p>\n<p>via <a href='http:\/\/www.businessinsider.com\/marc-faber-the-perils-of-money-printings-unintended-consequences-2012-3'>MARC FABER: Beware The Unintended Consequences Of Money Printing<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marc Faber: I do not believe that the central banks around the world will ever, and I repeat ever, reduce their balance sheets. They\u2019ve gone the path of money printing and once you choose that path you\u2019re in it, and you have to print more money. If you start to print, it has the biggest &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/17\/marc-faber-beware-the-unintended-consequences-of-money-printing\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;MARC FABER: Beware The Unintended Consequences Of Money Printing&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[31,6],"tags":[244,2827,2831],"class_list":["post-3845","post","type-post","status-publish","format-standard","hentry","category-the-fed-banks-interest-rates","category-fixed-income","tag-asset-purchases","tag-qe","tag-quantitative-easing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MARC FABER: Beware The Unintended Consequences Of Money Printing - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MARC FABER: Beware The Unintended Consequences Of Money Printing - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Marc Faber: I do not believe that the central banks around the world will ever, and I repeat ever, reduce their balance sheets. They\u2019ve gone the path of money printing and once you choose that path you\u2019re in it, and you have to print more money. If you start to print, it has the biggest &hellip; Continue reading &quot;MARC FABER: Beware The Unintended Consequences Of Money Printing&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/17\/marc-faber-beware-the-unintended-consequences-of-money-printing\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-03-18T03:19:49+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/17\/marc-faber-beware-the-unintended-consequences-of-money-printing\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/17\/marc-faber-beware-the-unintended-consequences-of-money-printing\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"MARC FABER: Beware The Unintended Consequences Of Money Printing\",\"datePublished\":\"2012-03-18T03:19:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/17\/marc-faber-beware-the-unintended-consequences-of-money-printing\/\"},\"wordCount\":165,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"asset purchases\",\"QE\",\"quantitative easing\"],\"articleSection\":[\"Banks &amp; Interest Rates\",\"Fixed Income\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/17\/marc-faber-beware-the-unintended-consequences-of-money-printing\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/17\/marc-faber-beware-the-unintended-consequences-of-money-printing\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/17\/marc-faber-beware-the-unintended-consequences-of-money-printing\/\",\"name\":\"MARC FABER: Beware The Unintended Consequences Of Money Printing - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2012-03-18T03:19:49+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/17\/marc-faber-beware-the-unintended-consequences-of-money-printing\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/17\/marc-faber-beware-the-unintended-consequences-of-money-printing\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/17\/marc-faber-beware-the-unintended-consequences-of-money-printing\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"MARC FABER: Beware The Unintended Consequences Of Money Printing\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. 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They\u2019ve gone the path of money printing and once you choose that path you\u2019re in it, and you have to print more money. 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Chancellor Merkel says that\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3355,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/01\/28\/living-in-a-qe-world-jim-bianco\/","url_meta":{"origin":3845,"position":1},"title":"Living In A QE World | Jim Bianco","author":"ColinTwiggs","date":"January 28, 2012","format":false,"excerpt":"Central banks are ruling markets to a degree this generation has not seen. Collectively they are printing money to a degree never seen in human history. So how does this process get reversed? 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And now it\u2019s trying to act way too slowly, way too late, and way too timidly to break up this spiral without causing the whole house\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12478,"url":"https:\/\/thepatientinvestor.com\/index.php\/2015\/10\/30\/marc-faber-dont-believe-chinas-growth-figures\/","url_meta":{"origin":3845,"position":3},"title":"Marc Faber: Don&#8217;t believe China&#8217;s growth figures","author":"ColinTwiggs","date":"October 30, 2015","format":"video","excerpt":"Marc Faber: China Has Credit Bubble of Epic Proportions https:\/\/t.co\/pZtgampX6f\u2014 Colin Twiggs (@Colin_Twiggs) October 30, 2015","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3754,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/07\/fed-weighs-sterilized-bond-buying-if-it-acts-wsj-com\/","url_meta":{"origin":3845,"position":4},"title":"Fed Weighs &#8216;Sterilized&#8217; Bond Buying if It Acts &#8211; WSJ.com","author":"ColinTwiggs","date":"March 7, 2012","format":false,"excerpt":"JON HILSENRATH: Federal Reserve officials are considering a new type of bond-buying program designed to subdue worries about future inflation if they decide to take new steps to boost the economy in the months ahead. Under the new approach, the Fed would print new money to buy long-term mortgage or\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38974,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/11\/22\/australias-debt-end-game\/","url_meta":{"origin":3845,"position":5},"title":"Australia&#8217;s debt end game","author":"Colin Twiggs","date":"November 22, 2022","format":false,"excerpt":"We are nearing the end of a thirty year bull market in credit, during which time the overnight cash rate in Australia fell from 18% in 1989 to 0.03% in 2021. Low interest rates enabled households to borrow more relative to their income, with housing debt expanding 4.5 times, over\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/3845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=3845"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/3845\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=3845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=3845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=3845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}