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BREAKDOWN: '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.
Listen or watch all the new CoinDesk podcast episodes wherever you want.
ABOUT
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.
This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
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
HOST
CoinDesk
CoinDesk is the world leader in news, prices and information on bitcoin and other digital currencies.
We cover news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world.
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