The First Panacea For A Mismanaged Nation Is Inflation Of The Currency

“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring permanent ruin.” - Dr. Faber quoting Ernest Hemingway in the CFA Institute Middle East Investment Conference



Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.