DRUCKENMILLER WARNS: ‘The chickens will come home to roost’

Posted by Business Insider

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Screen Shot 2015-11-09 at 2.35.20 PM

Screen Shot 2015-11-09 at 2.35.20 PM“Stanley Druckenmiller doesn’t think the Federal Reserve’s experiment of keeping interest rates near 0% to spur economic growth will end well.”

“all you do” when keeping interest rates at 0% for this long is “pulling demand forward today.” “This is not some permanent boost you get — you’re borrowing from the future” 

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