If Market Keeps Falling, Fed Will Keep Printing: 'Dr. Doom'

In Disney's movie Finding Nemo, a blue fish name Dory sings a catch little hook that repeats the phrase "just keep swimming."

Replace swimming with printing and the Fed has a theme song.

Falling stock prices will be met only with more money injections from the Federal Reserve, Marc Faber, the so-called "Dr. Doom," told CNBC.

Speaking as global markets fell violently lower in the wake of the Japan earthquake and fears of a nuclear meltdown, Faber said a stock correction actually is healthy in view of how far equities have come from the March 2009 lows.

He also expects weakness to persist and the Standard & Poor's 500 to drop as much as 15 percent. Further, Fed Chairman Ben Bernanke will likely give the green light to another round of Treasurys purchases, which have come to be known as quantitative easing, he said.

Source: cnbc.com