Marc Faber : India has to increase interest
Be prepared for the next great transfer of wealth and the collapse of fiat currencies around the world. Buy physical silver and storable food.
World renown author and forecaster Marc Faber’s [Tomorrow's Gold: Asia's age of discovery, Riding the Millennial Storm: Marc Faber's Path to Profit in the Financial Markets,The Great Money Illusion; The Confusion Of The Confusions] latest take on the situation:
“[India] has large deficits and also a current account deficit as far as I know and so, either India has to increase interest rates meaningfully which would mean that the economy would be hurt or that they obviously will have a weaker currency over time,” Faber had told ET Now.
Marc Faber is…
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Source: http://silveristhenew.com/2018/10/18/marc-faber-india-has-to-increase-interest/
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