Marc Faber – McDonald’s tells us why the market will collapse
Investmentwatchblog.com
September 12th, 2014
Faber has long argued that the policies of the Federal Reserve and other central banks simply increase asset prices and create inflation rather than actually stimulating the economy. But while the long-predicted inflation has not come to pass, Faber says that the McDonald’s results reflect the fact that inflation is rising faster than income, reducing the amount that individuals can spend.
http://www.cnbc.com/id/101993395
Video…HERE