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 instabilityMastercard 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 TreasuryMania in financial assets A growing fear of future inflation Why the next three to five years are going to be extremely difficultDisclosureThe 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.