The Minutes of Stanley Druckenmiller on fed policy https://minutesof.com/stanley-druckenmiller/on/fed-policy/ Everything Stanley Druckenmiller has said on Fed policy: 7 verbatim quotes between December 2019 and June 2023, each with a timestamp and a link to the… en Sun, 30 Aug 2026 16:22:14 +0000 Druckenmiller expects 800 billion in treasury issuance by year-end as liquidity conditions reverse from earlie https://minutesof.com/q/f049b61b-b689-4ce7-bcfc-a797c9f27b8c/ https://minutesof.com/q/f049b61b-b689-4ce7-bcfc-a797c9f27b8c/ “So you're going to probably about 800,000,000,000 in treasuries issued between now and year end. The Fed will be continuing on with QT.” — Bloomberg Live Wed, 07 Jun 2023 15:27:20 +0000 fed policy Druckenmiller cites $30 trillion in global QE and $18 trillion negative-yielding debt before 8% inflation. https://minutesof.com/q/809d6e79-864a-4591-9347-2805ec682bd8/ https://minutesof.com/q/809d6e79-864a-4591-9347-2805ec682bd8/ “I think globally we had 30,000,000,000,000 of QE. Even as late as, I think a year ago, was 18,000,000,000,000 of debt that was still negative yielding when the world was about to experience 8% inflation.” — René Sellmann Thu, 16 Jun 2022 15:02:21 +0000 fed policy Druckenmiller notes the US is running a trillion dollar deficit at full employment alongside negative real rat https://minutesof.com/q/29a5e5a4-38fb-4e45-83e5-bdaaa5f077cf/ https://minutesof.com/q/29a5e5a4-38fb-4e45-83e5-bdaaa5f077cf/ “We're running a trillion dollar deficit at full employment. Apparently, we're gonna have some sort of green stimulus in Europe, and we have negative real rates everywhere and negative absolute rates a lot of places.” — Bloomberg Television Mon, 06 Jan 2020 18:44:41 +0000 fed policy Druckenmiller says current Fed funds rate of 1.5% is absurd given economic conditions; appropriate level would https://minutesof.com/q/5ce1dbc3-8c69-4e9c-9635-dab245cfc052/ https://minutesof.com/q/5ce1dbc3-8c69-4e9c-9635-dab245cfc052/ “If I came down from Mars and you showed me the the broad landscape and asked me where Fed funds would be, probably would guess three and a half, somewhere in there.” — Bloomberg Television Mon, 06 Jan 2020 18:44:41 +0000 fed policy Druckenmiller blames the financial crisis on easy money bubbles and questions current low interest rate policy https://minutesof.com/q/f576d218-9c3a-4f7f-b435-3eddc15d45ce/ https://minutesof.com/q/f576d218-9c3a-4f7f-b435-3eddc15d45ce/ “I will go to my grave believing that that financial crisis happened because of bubbles created by easy money. And I just don't understand why we need interest rates where they are now.” — Bloomberg Television Mon, 06 Jan 2020 18:44:41 +0000 fed policy I look back and the core PCE was one and a half in '98 and '99 when Greenspan started raising rates again from https://minutesof.com/q/2e8b8dc4-e67f-4ad2-ab7e-e8aeaaa4f642/ https://minutesof.com/q/2e8b8dc4-e67f-4ad2-ab7e-e8aeaaa4f642/ “I look back and the core PCE was one and a half in '98 and '99 when Greenspan started raising rates again from 475 is currently one seven and he's got them at 1.5.” — Bloomberg Television Thu, 19 Dec 2019 02:48:34 +0000 fed policy Druckenmiller says negative rates are the most anti-capitalist idea and that Trump has clearly influenced Powe https://minutesof.com/q/ff67e782-89a8-4d5d-b896-3c0136ff5869/ https://minutesof.com/q/ff67e782-89a8-4d5d-b896-3c0136ff5869/ “It's the most anti capitalist idea I could ever dream up. And he's pushing Powell. You know, I didn't want to believe this, but it's pretty clear now that he's had an effect on Powell.” — Bloomberg Television Thu, 19 Dec 2019 02:48:34 +0000 fed policy