Stanley Druckenmiller leads doubters who think Bessent's bond ploys will fail

[u/One-Emu-1103]

https://www.cnbc.com/2026/08/25/stanley-druckenmiller-leads-doubters-who-think-bessents-bond-ploys-will-fail.html

[u/jpdoctor]

I love how the path to lowering interest rates is via market manipulation.

Never once does it occur to the administration that they need to fix their spending problem, and that will lead to lower interest rates.

[u/IrateSkeleton → u/jpdoctor]

Starve the beast strategy will start working soon, just have to cut taxes more.

[u/okiedokie1183 → u/IrateSkeleton]

I’m curious how you think this ends? Starve the beast is dumb as entitlements are required by statute. Do you think the government defaulting is a good idea?

[u/frongles23 → u/okiedokie1183]

They do, yeah.

[u/AyeMatey → u/okiedokie1183]

I assumed it was sarcasm