The Hedge Fund legend says in a new interview the Federal Reserve’s policies have created a massive asset bubble while making both inflation and deflation more likely.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.

Today on the Brief:

• Markets recover slightly but vaccine trade falters as AstraZeneca pauses trials 
• Bitcoin and gold correlation increases sharply around dollar instability
• Mastercard launches simulation tools to help develop central bank digital currencies

Our main discussion: Stan Druckenmiller speaks!

NLW breaks down the famed investor’s interview with CNBC today, including: 

• The merging of the Fed and the Treasury
• Mania in financial assets 
• A growing fear of future inflation 
• Why the next three to five years are going to be extremely difficult

See also: Let Them Eat Equities! The Economic Chickens Come Home to Roost, Feat. Luke Gromen

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.