Real interest rates in US to remain zero "forever"
VIDEO: Marc Faber, speaking at last week's Asian Investment Summit, explains why the United States can never tighten monetary policy again.
Last week, investor and market commentator Marc Faber addressed an audience of regional institutional investors in Hong Kong to explain why US monetary policy is dedicated now to never-ending negative real interest rates. The impact on global asset classes will be unavoidable, he warns.
Faber spoke at AsianInvestor's fifth annual Asian Investment Summit. Other speakers included Scott Kalb of the Korea Investment Corporation and Jim Walker of Asianomics.