🇺🇸 🇺🇸 Druckenmiller To Yellen: “The only debt that is relevant to the US taxpayer is consolidated US government debt,” Druckenmiller said in an interview. “I am surprised that the Treasury secretary has chosen to exclude $8 trillion on the Fed balance sheet that is paying overnight rates in the repo market. In determining policy, it makes no sense for Treasury to exclude it from their calculations”
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