Druckenmiller Warns Of 'Dire Consequences' Of More Government Spending

27 238
Published on 23 Jul 2021, 16:30
American investor Stanley Druckenmiller, who has been briefing lawmakers negotiating an infrastructure deal, is sounding the alarm over Senate Democrats' $3.5 trillion proposal, warning that it could provoke a massive rise in inflation. He tells Stephanie Ruhle about his talks with senators and cautions that "we have a very hot economy and very hot inflation."

» Subscribe to MSNBC: on.msnbc.com/SubscribeTomsnbc

About: MSNBC is the premier destination for in-depth analysis of daily headlines, insightful political commentary and informed perspectives. Reaching more than 95 million households worldwide, MSNBC offers a full schedule of live news coverage, political opinions and award-winning documentary programming -- 24 hours a day, 7 days a week.

Connect with MSNBC Online
Visit msnbc.com: on.msnbc.com/Readmsnbc
Subscribe to MSNBC Newsletter: MSNBC.com/NewslettersYouTube
Find MSNBC on Facebook: on.msnbc.com/Likemsnbc
Follow MSNBC on Twitter: on.msnbc.com/Followmsnbc
Follow MSNBC on Instagram: on.msnbc.com/Instamsnbc

Druckenmiller Warns Of 'Dire Consequences' Of More Government Spending