Marc Faber spoke with CNBC on Sunday to explain why he's worried that central banks, including the U.S. Federal Reserve, are rapidly contributing to the rise of global socialism. The famed Swiss investor also backed GOP front-runner Donald Trump during his interview, for one surprising reason. Here's what Faber had to say about nasty central banks, their bad policies, and the billionaire businessman he wants to see as the next U.S. president... Tags: Marc Faber , Marc Faber backs Trump , Marc Faber BOJ , Marc Faber Donald Trump , Marc Faber Hillary Clinton , Marc Faber socialism To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Marc Faber Warns of Fed-Created Global Socialism; Backs Donald Trump appeared first on Money Morning - We Make Investing Profitable .