if you want to understand Faber, rogers, schiff etc all you need to do is read Hayek
Hayek is the father of the Austrian school of economics
at the root of his theory is the profit motive and free markets
here is old fella outlining his views
recently, his views have been resurected by these rap songs
Keynes vs Hayek Rap Part 1
keynes vs Hayek Rap Part 2
the party that represents Hayek's ideas more than any other is the Liberal national coalition
the Labor party is backed by Keynes
Hayek exposes the weakness of Keynes when one looks at the greek debt crisis
debt is worse in the us
the only way governments will be able to pay public servants as tax revenue falls as a result of recession will be to print money.
that is why Faber is always going on about bernanke being a money printer
Have you ever wondered why there are so many millionaires around?
they are everywhere
it is all about inflation and money printing
marc faber lectures and other resources, page-2
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