Investment guru Marc Faber sees stocks outperforming cash and bonds as the Federal Reserve’s massive monetary stimulus props up the U.S. economy.

“I think that he (Ben Bernanke) will print (money) like never before in history.”

As a result, the Standard & Poor’s 500 Index can rise as high as 1,250 in a year, up 17 percent from midday Wednesday, Faber told Bloomberg.

“Where there is inflation in the system as defined by money supply growth and credit growth, you have currency weakness. Stocks can easily go higher. If you print the money, they can go anywhere.”

But the growing U.S. debt burden isn’t pretty, he points out.

“You just postpone the problem until the ultimate crisis happens. And that will happen one day.”

“I don’t know whether it will be tomorrow or in three years, five years, 10 years. But the next crisis will bring down the entire capitalist system.”

Not everyone is bullish on stocks. Superstar bond fund manager Bill Gross told CNBC, “we've got a Barney Fife market,” he said.

“I’m not sure what Barney would say about the market, but you can imagine some sort of goofy, speculative market running far too high.”