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Spending with Stanley Druckenmiller: We’ve Got to Stop! We’re Drunk 11/01/23

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Stanley Druckenmiller Criticizes Treasury Secretary for Missed Opportunity

This chapter discusses hedge fund titan Stanley Druckenmiller's remarks at the Robin Hood Investors Conference, where he criticizes Treasury Secretary Janet Yellen for missing an opportunity to issue more long-dated Treasury bonds after the pandemic. Druckenmiller argues that the government's approach to debt and spending is irresponsible and compares it to drunken sailors. The chapter also includes brief conversations about mesothelioma lawyers and negotiation in real estate.

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