Foreign leaders ought to be thanking the Fed for its weak-dollar policies instead of criticizing...

|By:, SA News Editor

Foreign leaders ought to be thanking the Fed for its weak-dollar policies instead of criticizing it, Marc Faber tells CNBC, since they have allowed emerging markets to grow. "U.S. monetary policies have been very good for Asia, specifically for China... [they] fostered industrial production growth, employment growth, wage increases, domestic consumption, increased demand for raw materials."