‘Absolute Raging Mania’: Famed Investor Druckenmiller Thinks 10% Inflation Is Possible


The Hedge Fund legend says in a new interview the Federal Reserve’s policies have created a massive asset bubble while making both inflation and deflation more likely.

Today on the Brief:

  • Markets recover slightly but vaccine trade falters as AstraZeneca pauses trials 
  • Bitcoin and gold correlation increases sharply around dollar instability
  • Mastercard launches simulation tools to help develop central bank digital currencies

Our main discussion: Stan Druckenmiller speaks!

NLW breaks down the famed investor’s interview with CNBC today, including: 

  • The merging of the Fed and the Treasury
  • Mania in financial assets 
  • A growing fear of future inflation 
  • Why the next three to five years are going to be extremely difficult

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

The original article is located at coindesk.com

This content is provided by public RSS feed at coindesk.com/feed. Please contact us if you have any questions.

Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.