Druckenmiller warns of 'dire consequences' of more government spending

American investor Stanley Druckenmiller, who has been briefing lawmakers negotiating an infrastructure deal, is sounding the alarm over Senate Democrats' $3.5 trillion proposal, warning that it could provoke a massive rise in inflation. He tells Stephanie Ruhle about his talks with senators and cautions that "we have a very hot economy and very hot inflation."July 23, 2021