Faber Says ‘High’ U.S. Deficit Will Spur Inflation

Interest rates will be kept “artificially low” and remain “near zero for a long time” in the U.S., Faber, said today in a presentation broadcast on the Internet. “The deficit will stay very high and that will create some kind of more inflation down the road. ”The Federal Reserve is likely to continue to “print money” in an effort to boost the U.S. economy, and that, combined with low interest rates, will spur weakness in the dollar, Faber said.
http://bit.ly/23N0n1