I am 100 percent sure that the U.S. will go into hyperinflation. The problem with government debt growing so much is that when the time will come and the Fed should increase interest rates, they will be very reluctant to do so and so inflation will start to accelerate….Of all the regions in the world, Asia is still the most attractive by far.
—Marc Faber
There are some concerns of a risk from inflation from all the liquidity injected into the banking system but it’s not an immediate threat right now given all the excess capacity in the U.S. economy. I have a little more confidence that the Fed has an exit strategy for draining all the liquidity at the appropriate time.
—David Cohen, head of Asian economic forecasting at Action Economics in Singapore
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