Stanley Druckenmiller says the Fed is endangering the dollar’s global reserve status
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- Fed policies could end up threatening the long-term health of the U.S. dollar, investing magnate Stanley Druckenmiller told CNBC.
- “I can’t find any period in history where monetary and fiscal policy were this out of step with the economic circumstances, not one,” the chair and CEO of Duquesne Family Office said.
- Though he agreed with the early steps the Fed took during the pandemic, he said the policies have continued for too long.
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And that from CNN of all places.