Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
What The Central Bank is doing.
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="BMWMC" data-source="post: 1200240" data-attributes="member: 37461"><p>[media=youtube]bW2KCYgauOc[/media]</p><p></p><p>The irony as people are trick by a rising stock market into thinking there getting wealthy they are actually getting poorer.</p><p></p><p></p><p>[media=youtube]PdT8fWSgcl4[/media]</p><p></p><p></p><p><span style="font-family: 'arial'"><span style="color: #000000"><span style="font-size: 12px">Stanley Druckenmiller</span></span></span></p><p><span style="font-family: 'arial'"></span></p><p><span style="font-family: 'arial'"></span></p><p><span style="font-family: 'arial'">Stanley Freeman Druckenmiller is an American hedge fund manager, he is the former Chairman and President of Duquesne Capital, which he founded in 1981. He closed the fund in August 2010 because he felt unable to deliver high returns to his clients. Wikipedia</span></p><p><span style="font-family: 'arial'">Born: June 14, 1953 (age 60), Pittsburgh, PA</span></p><p><span style="font-family: 'arial'"></span></p><p><span style="font-family: 'arial'">Spouse: Fiona Druckenmiller</span></p><p><span style="font-family: 'arial'"></span></p><p><span style="font-family: 'arial'">Education: University of Michigan, Bowdoin College</span></p><p><span style="font-family: 'arial'"></span></p><p><span style="font-family: 'arial'"></span></p><p></p><p><em><span style="color: #008000"><strong>"<span style="font-family: 'arial'">Druckenmiller: Fed robbing poor to pay rich"</span></strong></span></em></p><p><span style="color: #333333"><span style="font-family: 'arial'">19 Sep 2013 </span></span></p><p></p><p><span style="color: #333333"><span style="font-family: 'arial'">The Federal Reserve isn't just inflating markets but is shifting a massive amount of wealth from the middle class and poor to the rich, according to billionaire hedge fund manager Stanley Druckenmiller. </span></span></p><p></p><p><span style="color: #333333"><span style="font-family: 'arial'">In an interview on "Squawk Box," the founder of Duquesne Capital said the Fed's policy of quantitative easing was inflating stocks and other assets held by wealthy investors like himself. But the price of making the rich richer will be paid by future generations. </span></span></p><p></p><p><span style="color: #333333"><span style="font-family: 'arial'">"This is fantastic for every rich person," he said Thursday, a day after the Fed's stunning decision to delay tightening its monetary policy. "This is the biggest redistribution of wealth from the middle class and the poor to the rich ever."</span></span></p></blockquote><p></p>
[QUOTE="BMWMC, post: 1200240, member: 37461"] [media=youtube]bW2KCYgauOc[/media] The irony as people are trick by a rising stock market into thinking there getting wealthy they are actually getting poorer. [media=youtube]PdT8fWSgcl4[/media] [FONT=arial][COLOR=#000000][SIZE=3]Stanley Druckenmiller[/SIZE][/COLOR] Stanley Freeman Druckenmiller is an American hedge fund manager, he is the former Chairman and President of Duquesne Capital, which he founded in 1981. He closed the fund in August 2010 because he felt unable to deliver high returns to his clients. Wikipedia Born: June 14, 1953 (age 60), Pittsburgh, PA Spouse: Fiona Druckenmiller Education: University of Michigan, Bowdoin College [/FONT] [I][COLOR=#008000][B]"[FONT=arial]Druckenmiller: Fed robbing poor to pay rich"[/FONT][/B][/COLOR][/I] [COLOR=#333333][FONT=arial]19 Sep 2013 [/FONT][/COLOR] [COLOR=#333333][FONT=arial]The Federal Reserve isn't just inflating markets but is shifting a massive amount of wealth from the middle class and poor to the rich, according to billionaire hedge fund manager Stanley Druckenmiller. [/FONT][/COLOR] [COLOR=#333333][FONT=arial]In an interview on "Squawk Box," the founder of Duquesne Capital said the Fed's policy of quantitative easing was inflating stocks and other assets held by wealthy investors like himself. But the price of making the rich richer will be paid by future generations. [/FONT][/COLOR] [COLOR=#333333][FONT=arial]"This is fantastic for every rich person," he said Thursday, a day after the Fed's stunning decision to delay tightening its monetary policy. "This is the biggest redistribution of wealth from the middle class and the poor to the rich ever."[/FONT][/COLOR] [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
What The Central Bank is doing.
Top