Playback speed
undefinedx
Share post
Share post at current time
0:00
/
0:00

Paid episode

The full episode is only available to paid subscribers of The ACID Capitalist

Surfing off the coast of my imagination...

My former investment associate, Tom Roderick, and I persist in reflecting on the recent interview with Stan Druckenmiller.

In this contemplation, we acknowledge the presence of regrets, albeit limited. The pivotal factor that delineated the Federal Reserve's recent hiking cycle and caught nearly everyone off guard was the seismic shift in the duration of debts between US households and the government.

The US private sector predominantly avails itself of long-term borrowing, …

This post is for paid subscribers