Stanley Druckenmiller slams Yellen for 'biggest blunder in Treasury history'

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Joseph Adinolfi is a markets reporter at MarketWatch.

Treasury Secretary Janet Yellen has some explaining to do, according to billionaire hedge-fund titan Stanley Druckenmiller.

“I literally think if you go back to Alexander Hamilton, it is the biggest blunder in the history of the Treasury,” Druckenmiller said. It is projected that in 2033 the deficit — that is, the amount of federal expending that exceeds income — will be more than $2.8 trillion, twice the $1.38 trillion from 2022.

Source: Financial Digest (financialdigest.net)

 

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