Druckenmiller calls Powell a weaker version of Yellen without the monetary framework Bernanke had.
“He's a weaker version of Yellen without the monetary framework. Bernanke and I philosophically disagree about easy money and helicopter money.”
Druckenmiller says negative rates are the most anti-capitalist idea and that Trump has clearly influenced Powell despite media claims otherwise.
“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.”