Interest rates low for a long time

Posted by Dr. Marc Faber - The Gloom Boom and Doom Report

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INTERNATIONAL. Marc Faber the Swiss fund manager and Gloom Boom & Doom editor said government spending and low interest rates will keep the US deficit “very high” and will spur inflation.

Speaking at an US Global Investors event, Faber said Interest rates will be kept “artificially low” and remain “near zero for a long time” in the US, Faber said Thursday in a presentation broadcast on the Internet.

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