#225 Marc Faber: "They Will Print Money Like There Is No Tomorrow" - Debt Spiral Risk, The Trump Top, Why Asset Inflation Is Ending | The Gloom, Boom & Doom Report
Marc Faber, editor and publisher of The Gloom, Boom & Doom Report, joins the Julia La Roche Show to break down why he believes asset inflation is coming to an end while consumer price inflation accelerates. He explains why 70% of households are struggling despite government statistics showing growth, critiques Federal Reserve policies that favor Wall Street over Main Street, and shares his framework for portfolio allocation across real estate, stocks, bonds, and precious metals. Faber also provides a tour of his rare book and communist memorabilia collection in his office while sharing thoughts on capitalism, society, and his newest motorcycle. Timestamps: 00:00 Welcome to Marc Faber 00:57 Macro overview and government statistics 02:52 Fed policy favoring the wealthy 04:41 Political shifts in Europe and Argentina 06:09 Market outlook and policy implications 08:57 US indices topping out analysis 11:12 Value opportunities in Asian markets 13:37 Gold price history and precious metals 14:35 Bond market size discussion 16:37 Monetary inflation distortions 19:56 Debt spiral and hyperinflation risks 21:21 Insurance and property discussion 23:02 Government role in economy 26:00 Trust and capitalism discussion 28:01 Trump administration outlook 32:00 Real economy recession analysis 34:35 Asset vs consumer price inflation 40:04 Bureau of Labor Statistics critique 42:49 End of asset inflation thesis 44:35 Cost of living increases examples 47:24 Portfolio allocation framework 49:55 Communist memorabilia collection 54:21 Closing thoughts Links: The Gloom, Boom & Doom Report: https://www.gloomboomdoom.com