Tuesday, March 5, 2013

Stanley Druckenmiller on CNBC

Also be sure to check out THIS previous post, where I updated the links to Druckenmiller’s longer interview on Bloomberg. The summary of his short comment on the investment landscape is that all of the money printing and manipulation by the Fed of the financial markets will end badly; the longer it goes on the worse it will be; it will likely either be a malinvestment event (i.e. deflationary bust) like in 2007-2008, or very high inflation, but which one is too hard to predict, as is the timing.

Links to videos: