The tweet was deleted by the author.
But we saved everything 🙂.
George Gammon, host and investor at Rebel Capitalist, comments on a recent exchange about interest rate manipulation and deficit policy.
Gammon highlights criticism by Druckenmiller of Bessent's attempt to influence rates, while noting that traditional claims—such as lower fiscal deficits leading directly to lower rates—often lack a strong factual foundation. He points to data on deficit-to-GDP versus 10-year Treasury yields as offering an empirical perspective.
View post on X Loading...
Gammon previously argued that economic growth and inflation are the main forces behind interest rate movements, rather than government debt or deficits, in a recent analysis for Rebel Capitalist. Earlier, he warned that a stock market crash on the scale of the dot-com era could spark a recession similar to the global financial crisis, according to a separate commentary. These views add context to his current remarks on fiscal policy and interest rates.