A Quote by Marc Faber

When you have a perfect free market, it's difficult to predict the future. But when you have a market that is disturbed by government manipulations and money-printing, it's impossible to make any predictions.

Marc Faber

Quote Topics

Any Difficult Disturbed Free Free Market Future Government Impossible Make Market Money Perfect Predict Predictions Printing

Quote Author

Marc Faber
American - Businessman
Born: February 28, 1946

You look at these past predictions like there's only a market in the world for five computers [as allegedly said by IBM founder Thomas Watson] and you realize it's not a good idea to predict too far into the future.

Geoffrey Hinton

We no longer have a free market in the United States, we have a government controlled free market.

Jim Bunning

My father always said 'There's no free lunch.' My father was right. There's no free lunch and there's no free market. The market is rigged, the market is always rigged, and the rigging is in favour of the people who run the market. That's what the market is. It's a bent casino. The house always wins.

David Hare

Reuters was completely accurate that I am concerned about the level of the market. But I also made it clear on the conference call (and I believe as Reuters reported it), that it is almost impossible to predict what a market will do in the short term. There are too many variables.

Carl Icahn

It is impossible to objectively define how free a market is. This is a political definition. Government is always involved, and those free marketers are as politically motivated as anyone.

Ha-Joon Chang

The free market doesn't exist. Every market has some rules and boundaries that restrict freedom of choice. A market looks free only because we so unconditionally accept its underlying restrictions that we fail to see them.

Ha-Joon Chang

We want a free market, but we know that the paradox of a 'free' market is that sometimes you have to intervene. You have to make sure it's not the law of the jungle but the laws of democracy that works.

Margrethe Vestager

We must continue to liberalise the single market, cut red tape and basically create a digital single market. We have not completed the single market yet, there is not sufficient free movement of goods, labour, services and money. We have to keep on working at that against all the protectionist tendencies that we have right now.

Alexander Stubb

One of the great things about a free market is that it's inherently and indefatigably Darwinistic. Left to its own devices, a free market will eventually weed out the stupid from both 'ends' of the food chain otherwise described as supply and demand. As money is liberated from the hands of the stupid, those who would sell products or services to the stupid will eventually lose their share of the marketplace. Devoid of any 'benevolent' interference from government, the process is gloriously relentless, and cannot help but yield a successively smarter class of participants.

Edward Britton

In a rising market, everyone makes money and a value philosophy is unnecessary. But because there is no certain way to predict what the market will do, one must follow a value philosophy at all times.

Seth Klarman

I have spent my entire career advocating for free-market economic policies, trying to convince the leaders of this country that unnecessary government interference in the market-place - and let's face it, most government is totally unnecessary - destroys liberty and inhibits prosperity.

Stephen Moore

Use Time. Make it easy. Get your money to work for you. The key is to get in the market, as it is not about timing the market, but time in the market that matters.

Ann Wilson

The term ‘free market’ is really a euphemism. What the far right actually means by this term is ‘lawless market.’ In a lawless market, entrepreneurs can get away with privatizing the benefits of the market (profits) while socializing its costs (like pollution).

Steve Kangas

In my opinion, the greatest misconception about the market is the idea that if you buy and hold stocks for long periods of time, you'll always make money. Let me give you some specific examples. Anyone who bought the stock market at any time between the 1896 low and the 1932 low would have lost money. In other words, there's a 36 year period in which a buy-and-hold strategy would have lost money. As a more modern example, anyone who bought the market at any time between the 1962 low and the 1974 low would have lost money.