Stanley Druckenmiller says negative interest rates make no sense

The Druck has no truck with subzero rates!

  • stimulus programs are pretty ‘anti-capitalist’
  • stimulus programs not building future wealth
  • stimulus will be deflationary, not inflationary
  • US is likely to see higher taxes, more regulation
  • a “V” shaped recovery is a fantasy
Druckenmiller was speaking at an event for The Economic Club of New York – summary remarks via Bloomberg
The Druck has no truck with subzero rates!