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 …
