Marc Faber: U.S. Stock Market Will Go Down in 2016
Dec. 28 -- Marc Faber, editor and publisher of the "Gloom Boom Doom" report, and Frank Berlage, chief executive officer at Multilateral Partners, discuss what investors should look for in 2016. They speak to Bloomberg's Joe Weisenthal and Scarlet Fu on "What'd You Miss?" (Corrects spelling for Chiang Mai, Thailand locator)
The Federal Reserve, central banking is actually a communist idea
"Going back to 1930 the Federal Reserve, central banking is actually a communist idea. It's actually one of the tenent of communism." And nowadays people sort of equate capitalism with central banking, which makes no sense whatsoever."
Jeff Berwick is interviewed by Gordon Long for Macro Analytics, topics include: financial repression, federal reserve a calamity, empowerment through technology, criticism vs capitalism, militarization of the police, US debt blowout, war funding, the system has already collapsed, so many people have no idea, nations breaking away, collapse inevitable, preparing for it, hard assets, thinking for yourself.