A Quote by Stanley Druckenmiller

Every serious deflation I've looked at is preceded by an asset bubble, and then it bursts.

Stanley Druckenmiller

Quote Topics

Asset Bubble Deflation Every Looked Serious Then

Quote Author

Stanley Druckenmiller
American - Businessman
Born: June 14, 1953

I've not won different awards - many, many times - so luckily I've practiced that whenever you are nominated for anything, you enter into this marvelous, fantabulous bubble called the bubble of nomination. The minute the envelope is opened and your name isn't called out, the bubble bursts. And no one calls you up the next day to say, 'So sorry you didn't win,' or 'You looked gorgeous - nothing. If you win, you get about another 24 hours in that lovely bubble and then - pop - you are slightly wet all over from the bubble and realize that you have to get on with real life.

Helen Mirren

The way you create deflation is you create an asset bubble.

Stanley Druckenmiller

If you go into what I call a bubble boom, every bubble bursts.

Margaret Thatcher

The best approach here, if at all possible, is to use supervisory and regulatory methods to restrain undue risk-taking and to make sure the system is resilient in case an asset-price bubble bursts in the future.

Ben Bernanke

In infinite time, in infinite matter, in infinite space, is formed a bubble organism, and that bubble lasts a while and bursts, and that bubble is Me.

Leo Tolstoy

I can understand the dilemma of growing up in a bubble, and then not knowing what to do when unemployment beckons and reality bursts in.

Jessie Cave

The problem is that you're creating a system of bubble finance where interest rates are so low that people can speculate. An asset value goes up. You put it up as collateral. You borrow against it. You buy more of the asset. You then take the rising asset. You borrow against it again. This is the nature of what's going on in the world. This isn't an excess of real savings. This is an excess of artificial credit that's being fueled by all the central banks.

David Stockman

When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.

George Soros

Increasing access to federal student loans has been a bipartisan effort in Washington, one that I have supported. But it has created what many experts believe is a bubble in higher education, not unlike the housing bubble that preceded the financial crisis.

Marco Rubio

What we define as a bubble is any kind of debt-fueled asset inflation where the cash flow generated by the asset itself - a rental property, office building, condo - does not cover the debt incurred to buy the asset. So you depend on a greater fool, if you will, to come in and buy at a higher price.

James Chanos

The entire political class and ruling Wall Street class are zero-percent-interest zombies who talk about 'deflation' in the value of their second, third, and fourth homes. This is paper-deflation, zombie-deflation, and has nothing to do with the real economy.

Max Keiser

From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial 'boom' followed by a recession or depression when the Fed-created bubble bursts.

Ron Paul

What most entrepreneurs don't understand is that it isn't the economy that bursts a bubble, but investor psychology.

Jay Samit

I am dead against art's being self-expression. I see an inherent failure in any story which fails to detach itself from the author-detach itself in the sense that a well-blown soap-bubble detaches itself from the bowl of the blower's pipe and spherically takes off into the air as a new, whole, pure, iridescent world. Whereas the ill-blown bubble, as children know, timidly adheres to the bowl's lip, then either bursts or sinks flatly back again.