Druckenmiller: "2 undefeated records are: 1. once inflation gets above 5%, it's never come down unless fed funds have gotten above the CPI"

Druckenmiller: "2 undefeated records are: 1. once inflation gets above 5%, it's never come down unless fed funds have gotten above the CPI"
David Einhorn: "…to defeat inflation, you need positive real interest rates in 1980 Volcker raised rates to 19% to combat 14% inflation" https://t.co/nEtZCOn75a
— The Transcript (@TheTranscript_) June 11, 2022

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