Stanley Druckenmiller: “Bernanke Running The Most Inappropriate Monetary Policy In History”

Wednesday, May 8, 2013
By Paul Martin

by Tyler Durden

When three hedge fund titans all explain in words so simple a financial media channel morning show host can grasp that there is nothing behind this rally but smoke, mirrors, and a bearded academic, it seems more than a few people start to pay attention. Following Paul Singer and Kyle Bass, Stanley Druckenmiller “loves the market short-term, but hates it long-term,” since Bernanke is “running the most inappropriate monetary policy in history.” He warns, for it is a warning, that “markets will melt up,” until the Fed is forced to tighten. He recommends shorting the AUD and sees the commodity super-cycle as over, because, “supply-demand… is deadly.”

The Rest…HERE

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