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Druckenmiller Sees Bust or Inflation

March 05, 2013 | About:
Legendary hedge fund trader Stanley Drukenmiller was on CNBC where he lamented that the Fed's policies can only end in disaster.

"This is a big, big gamble," he notes, "manipulating the most important price in all of free markets," that ends one of only two ways, a mal-investment bust (as we saw in 2007-8) or full debt monetization and "off we go into inflation."

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