Spending with Stanley Druckenmiller: We’ve Got to Stop! We’re Drunk 11/01/23
Squawk Pod
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Consequences of Fiscal Recklessness and Debt Accumulation
The speaker delves into the potential consequences of not issuing more long-dated Trezorize, expresses disappointment in the focus on one statement rather than the broader narrative, and criticizes the impact of QE2 on fiscal recklessness. They discuss the historical significance of low interest rates, concerns about federal debt and entitlements, and the continuation of these policies under the Biden administration despite a growing economy.
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