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Pinned Tweet
🗣️ We are proud to introduce our new podcast series, The Forum, hosted by Club Trustee and
@CNBC
anchor
@BeckyQuick
!
For the first time in history, we open our doors for all to experience a selection of transformative conversations and ideas coming from the Club stage.
🎧
3
0
6
Such an incredible conversation between
@FoxBusiness
's
@LizClaman
and
@Ripple
's
@bgarlinghouse
. A great primer on
#cryptocurrency
and where the industry is going. If you missed it, you can replay the livestream here:
#ECNYRipple
78
403
968
We're pleased to announce our first in-person event of the year, featuring
@Saylor
, Founder, and CEO of
@MicroStrategy
.
He will discuss the rise of
#crypto
and how the use of digital property can impact our economy, with
@AnnaNikolayevsk
, Founder of Axel Capital Management.
122
153
661
"They are coming out of jail now and getting jobs. They can't believe how good it's been... They cherish the job... " -
@realDonaldTrump
on criminal justice reform
#ECNYTrump
7
77
424
Next week, we’ll hear from
@Ripple
CEO
@bgarlinghouse
, who will share his insights on how
#blockchain
can enable fast, secure international financial transactions. Tune in live on Facebook at 8am EST and join in the conversation using
#ECNYripple
#cryptocurrency
#xrp
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438
Clayton says it's time to use technology to address inefficiencies in payments systems.
#ECNYClayton
36
105
432
For the first time in history, we open our doors for all to experience a selection of transformative conversations and ideas coming from the Club stage.
🎧Listen & subscribe to our new podcast, The Forum:
11
16
301
.
@anabotin
: "There's a lot of inefficiencies in the infrastructure of payments..."
@bancosantander
has a partnership with
@Ripple
as one of the approaches the bank is taking to leverage technology and streamline processes.
#ECNYBotin
48
127
291
.
@bgarlinghouse
: The novelty of a blockchain is two parties interacting and making transactions with each other without a middle man.
#ECNYRipple
#Cryptocurrency
17
131
274
That's a wrap on our program with
@bancosantander
Executive Chairman
@anabotin
and
@MariaBartiromo
. Many thanks to both for a fascinating conversation! Join us tomorrow as we host
@Ripple
CEO
@bgarlinghouse
.
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238
Starting soon: Our conversation with
@Ripple
CEO
@bgarlinghouse
and
@FoxBusiness
's
@LizClaman
about
#Blockchain
and
#cryptocurrency
. Tune into our Facebook page at 8am EST for the live broadcast and join the conversation using
#ECNYRipple
8
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205
.
@bgarlinghouse
: I think one of the challenges for
#Crypto
industry is there have many ideas but not follow through and action. At
@Ripple
, we have invested $500 million in the
#cryptocurrency
ecosystem because we want to see all boats rise.
#ECNYRipple
3
45
203
📣Introducing The Forum, our new podcast hosted by
@BeckyQuick
, featuring a selection of transformative conversations and ideas from the brightest minds in tech, finance, policy and beyond.
🎧SUBSCRIBE TODAY!
8
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9/9:
@SEC_News
Chairman Jay Clayton
9/18:
@Blackstone
CEO & Co-founder Stephen Schwarzman
10/2:
@BoeingCEO
Dennis Muilenburg
10/7:
@BancoSantander
Executive Chair
@AnaBotin
10/8:
@Ripple
CEO Brad Garlinghouse
10/29:
@ghsmartco
Partner
@elbotelho
Hope to see you there!
14
52
152
Citing his work with
@MoneyGram
.
@bgarlinghouse
: "[It] is a really big deal, and is demonstrating the value for shareholders.
#ECNYRipple
2
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127
"The risk-reward for equity is maybe as bad as I've seen it in my career," Druckenmiller tells us. "The wild card here is the Fed can always step up their [asset] purchases."
#ECNYDruckenmiller
4
59
128
Ahead of his program with us on Oct. 8, hear how
@ripple
CEO
@bgarlinghouse
explains how the use of
#XRP
enables his company to make international monetary transfers faster and cheaper. He says XRP can move value in seconds.
#cryptocurrency
#ECNYripple
5
43
104
Speaking about Facebook's Libra problems:
@bgarlinghouse
: "Facebook LIbra is a white paper...it is not a
#cryptocurrency
. Further, I do not think we need a new fiat currency."
#ECNYRipple
1
30
96
With just a few weeks left until the
#NYC
Primary Election, we're delighted to announce our upcoming event with Mayoral Candidate
@AndrewYang
. Join the candidate and
@Bloomberg
's
@SBanjo
, for an interview on 6/9.
@YangforNYC
Stay tuned as additional candidates confirm.
1
26
88
.
@LizClaman
: How do we/the banks trust Ripple/
#cryptocurrency
and take the risk? Aren't there bad actors?
@bgarlinghouse
: There are bad actors in the traditional markets too. There are bad actors using dollars— and yet we still use dollars and banks.
#ECNYRipple
1
24
82
"I'm not a scientist. I'm a common sense guy," Druckenmiller tells us. "I just don't think you can take massive amounts of money ... allocate capital to zombie companies. It just doesn't make any sense to me."
#ECNYDruckenmiller
1
32
79
Liquidity is going to move markets more than earnings during this period, Druckenmiller says.
#ECNYDruckenmiller
1
29
81
Tune in on 1/26 for a chat with Kasparov Chess Foundation founder
@Kasparov63
. As a world chess champion, he applies his analytical vision to the big picture of politics, technology, justice, media, the economy, and how it all comes together in a radically changed world.
1
10
65
"Spending the money you make is corporate social responsibility. Changing the way you make money is operating with purpose." -
@IndraNooyi
at
#G7WomenROI
10
18
65
With markets, "the consensus seems to be don't worry, the Fed has your back," Druckenmiller said. "There's one problem with that, our analysis says it's not true."
#ECNYDruckenmiller
1
34
64
Druckenmiller is fascinated by Amazon, a company he says has "made all of lives better."
"I think it's an amazing company. I get a little emotional when politicians attack it."
#ECNYDruckenmiller
2
13
68
Thank you for following along with today's
#RacialEquity
discussion. We'll see you next week at our rescheduled event with Mayoral Candidate
@AndrewYang
.
0
11
54
.
@bgarlinghouse
: "Facebook’s Libra positioned [Libra] as a new fiat currency and it caused ire for many governments." XRP is NOT a currency works between Fiat currencies.
#ECNYRipple
#cryptocurrency
0
16
52
Ever wonder what CEOs are like at home? Last year
@janefrancisco
of
@goodhousemag
spent a day at home with tomorrow’s speaker,
@Microsoft
CEO
@satyanadella
. Read about his thoughts on dogs, kids’ screen time, and the power of empathy
#ECNYNadella
0
12
48
.
@AnaBotin
is teeing up
@Ripple
CEO
@bgarlinghouse
with topics for his conversation with us tomorrow
#ECNYBotin
#ECNYRipple
2
20
49
That's all for today's conversation. We hope to have you at tomorrow evening's event with
@AndrewYang
.
With just a few weeks left until the
#NYC
Primary Election, we're delighted to announce our upcoming event with Mayoral Candidate
@AndrewYang
. Join the candidate and
@Bloomberg
's
@SBanjo
, for an interview on 6/9.
@YangforNYC
Stay tuned as additional candidates confirm.
1
26
88
1
17
45
You can watch the full
@FacetheNation
interview w/
@scottgottliebMD
here:
Reminder to our members: Dr. Scott Gottlieb will join us this Thursday, via conference call, you can register here for this event:
Should Americans expect a lockdown nationwide to combat the spread of
#coronavirus
?
@ScottGottliebMD
warns we may have to do "much more."
"We have never seen anything like this before in modern times. This is gonna be historic right now."
WATCH →
24
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314
3
24
40
We're hosting a members-only conference call Thursday at noon with
@BeckyQuick
and former FDA commissioner
@ScottGottliebMD
. Follow along here for live updates
#ECNYGottlieb
4
10
52
Q: “Where do you get your edge?”
A: “My parents... and my ability to work hard.” -
@Kasparov63
“Working hard *is* a talent.”
#ECNYKasparov
1
7
44
"I think any CEO will tell you to surround yourself with smart people & listen to them." - Terry Lundgren, Chairman of
@EconClubNY
.
1
16
42
"Unemployment may have been at a record low going into Covid-19, but to me it was a result of reckless fiscal spending and huge leveraging on the government side," Druckenmiller said.
0
13
48
"I can guarantee you poverty kills," Stanley Druckenmiller said on today's member call.
#ECNYDruckenmiller
1
13
41
.
@ScottGottliebMD
returns on Monday to provide an update on
#COVID19
and the implications of the fast-spreading
#DeltaVariant
heading into the fall.
@BeckyQuick
will join on as the moderator for this members-only conversation.
10
7
45
"There's a good chance that we just cracked the credit bubble that's the result of free money," Druckenmiller tells us.
#ECNYDruckenmiller
0
16
45
We are thrilled to welcome
@CISAJen
, Director of
@CISAgov
!
Tune in tomorrow at 12PM EST for live highlights and Jen's expert POV on reducing risk to
#cyber
and physical
#infrastructure
to protect organizations from financial loss, disruption, or damage.
_
#ECNYEasterly
1
13
47
Culture is about pushing ourselves as people. It is about having a mindset towards progress, it's not a destination.
#ECNYNadella
1
11
42
"How do you ensure it is bipartisan." -
@charlierose
"Numbers don't know if they are liberal or conservatives." -
@Steven_Ballmer
#usafacts
1
16
38
.
@MichaelDell
says
@DellTech
has always been about a culture of technology optimism – a belief that technology amplifies human potential – but simply putting technology in people’s hands is no longer enough.
#ECNYDell
(1/2)
0
15
44
A successful concept is reinforced by a successful product which reinforces a successful culture.
#ECNYNadella
3
12
36
“The outerbound is June, I really think, and life may return to normal in July/August...”
@ScottGottliebMD
hopes we will have drug for this by fall.
#ECNYGottlieb
0
12
36
.
@bgarlinghouse
:
@AnaBotin
spoke about trust yesterday. I think Facebook has certainly eroded its trust with users and it has eroded its trust with governments.
#cryptocurrency
#ECNYRipple
0
12
35
Druckenmiller has been spending a lot of time talking to various companies lately. Many of them are finding remote workforces are a viable strategy, he tells us.
#ECNYDruckenmiller
1
10
39
.
@bgarlinghouse
: For the [G20 Markets] I don’t see for consumer use right now to solve a fiat problem.
#cryptocurrency
#ECNYRipple
1
7
32
In the green room w/ our guest
@satyanadella
(R), ECNY Vice Chair
@PeterBlairHenry
(L) and ECNY Chair Terry Lundgren (C).
#ECNYNadella
0
7
34
Paul Tudor Jones II chose his Zoom background because it's feels like mixture of The Twilight Zone and Lost in Space. It's a reflection of how he feels right now.
#ECNYTudorJones
2
12
31
It's almost time for
@Microsoft
CEO
@satyanadella
to join us for a fireside chat. If you aren't able to be here in person, you can watch on Facebook Live and join the conversation using
#ECNYNadella
0
11
28
Join us at noon ET today as
@BankofAmerica
CEO Brian Moynihan and
@MariaBartiromo
of
@FoxBusiness
take the stage. Follow along here using
#ECNYbofa
or tune in to our Facebook page for the live broadcast:
1
8
25
.
@DavidMalpassWBG
: "It's not a very favorable environment for developing countries to make progress, but there are steps that can improve outcomes."
#ECNYMalpass
#WorldBank
0
7
28
Many thanks to legendary investor Stanley Druckenmiller and to moderator Scott Bessent for joining us today. Thanks also to our members and guests who joined today's call.
Until next time!
9
8
32
We were honored to welcome distinguished global leader,
@DavidMalpassWBG
,
@WorldBank
President, to discuss the impact of
#globalcrisis
on
#developingcountries
.
You can now tune in to this exclusive content by visiting:
__
#ECNYMalpass
#WorldBank
5
12
26
This fall season featured many titans of industry including
@Cigna
CEO David Cordani,
@bancosantander
’s
@AnaBotin
,
@ripple
CEO
@bgarlinghouse
, and
@Disney
’s Chairman and CEO
@RobertIger
We can’t wait to share our 2020 Spring season with you!
#StayTuned
3
9
28
Druckenmiller says he's not clear why the economy and the market jump so much when optimism emerges around certain drugs like remdesivir.
"I don't see why anybody would change their behavior because there's a viral drug out there," he said.
#ECNYDruckenmiller
0
7
29
Zandi: "I have gotten more confident in the view that we will avoid
#recession
. If we had this conversation 3 months ago, 6 months ago, I would have probably said a probability of one half. So, I think we are moving in the right direction."
_
#ECNYZandi
@Markzandi
0
8
30
On negative interest rates, "I don't understand even what the argument is," Druckenmiller tells us.
#ECNYDruckenmiller
0
11
28
Thiel asks himself "What aspects of technology is charismatic?" Where are stories about tech making the world a better place? He sees it in crypto, healthcare and
@elonmusk
#ECNYThiel
2
10
17
Wants permanent solution for Fannie + Freddie Mac. Will be a priority next year.
#ECNYMnuchin
1
14
26
Meanwhile in the U.S., "This is one of the most bizarre decision making processes I've ever seen," Druckenmiller said.
#ECNYDruckenmiller
0
5
26
.
@LHSummers
says he's optimistic about the revenue potential of a modest corporate tax reform package. "Going after various, fairly abusive situations, where companies earn and report substantial profits year after year but are somehow enabled to not pay taxes," he said.
1
4
26
.
@AliVelshi
America has some things to learn in the way of maternity leave and family care.
#G7WomenROI
2
4
24
We're eagerly awaiting our upcoming discussion with
#MSU
economics professor and published author
@drlisadcook
this Monday at 2 PM EST. Learn about Dr. Cook's experience as a leading economist and her work on the economic and social implications of racial inequities.
#ECNYCook
1
7
27
"We know there is nothing we can not achieve as one team, one family and one glorious nation under God." -
@realDonaldTrump
"The best is yet to come. Thank you and God bless America."
#ECNYTrump
5
7
14
Neither Taiwan or Hong Kong had to lockdown their economies to fight Covid-19, Druckenmiller notes.
#ECNYDruckenmiller
0
10
24
In terms of the
#DeltaVariant
,
@ScottGottliebMD
believes we're in "the endgame" so long as we keep moving in the same direction. He explains that there are a few more
#COVID19
variants that have emerged, but they don't have much of a competitive edge.
#ECNYGottlieb
2
11
23
Stock markets seem to be a high multiples considering the uncertainty of the current environment and bankruptcies looming on the horizon, Druckenmiller tells us.
#ECNYDruckenmiller
0
12
22
Looking for a V-shaped economic recovery? Not so fast, Druckenmiller warns.
2
8
20
.
@SaraEisen
"Do you feel pressure being the first woman CEO?"
Fraser: "No... that's someone else's problem... not mine."
#WIB2021
1
2
20
On June 24, we’ll host a conversation between
@Worldbankgroup
President David Malpass and
@SteveForbesCEO
, Chairman & Editor-In-Chief of Forbes Media. Before then, catch up with this
@USAToday
#oped
. Follow w
#ECNYMalpass
or our live broadcast on Facebook.
0
6
18
"The overwhelming priority should be the protection of employees and not the protection of shareholders or bond holders,"
@LHSummers
says.
#ECNYSummers
0
9
20
.
@AliVelshi
in 2019, we still require a measure of where we stand in terms of gender equity - hence the need for the Bloomberg Gender Equality Index (GEI).
#G7WomenROI
0
3
17
On the Fed's $2.3 trillion move to shore up markets in March, Druckenmiller said he found it somewhat puzzling and aggressive.
#ECNYDruckenmiller
0
8
22
The U.S. is behind in its fight against Coronavirus. "We have not moved as rapidly as we should have on testing, on the provision of ventilators, on the accumulation of masks. There is no reason why the United States should be in short supply of items of that kind,"
@LHSummers
.
0
8
20
"Trade must be fair and it must be reciprocal... Those who want to play the game must play by our rules... America will not be taken advantage of anymore." -
@realDonaldTrump
#ECNYTrump
1
7
12
Druckenmiller calls the recent increase in unemployment in the U.S. stunning. The official U.S. unemployment rate is at 14.7%, the highest level since the Great Depression.
0
2
19
Trump says he's shooting for eliminating twenty regulations for every one new regulations. "We need regulation, but it needs to be smart regulation." -
#ECNYTrump
5
5
15
"If you do it right, working hard is fulfilling." - Adam Neumann,
@WeWork
CEO and Co-Founder
#ECNYNeumann
#MondayMotivation
0
9
18
"If we learned anything from the election, there is not a mandate to turn the United States into a version of Western Europe,"
@LHSummers
tells us.
#ECNYSummers
1
8
20
Steve Ballmer hopes to make this data digestible to 11th graders. Goal is to empower and teach all citizens.
#ecnyballmer
#usafacts
0
9
17
We are looking forward to our Fall programs! Check out our upcoming speakers and events 🍂
2
2
15
The Federal Reserve may not have had to take such extreme measures to shore up the U.S. economy in March had they acted earlier to normalize interest rates, Druckenmiller says.
#ECNYDruckenmiller
2
8
20
#OnThisDay
49 years ago, Neil Armstrong became the first human to walk on the moon. He was 5 hours ahead of schedule. The program impacted thousands of inventions that we use daily- like microwaves & satellites- and launched companies like Intel that were impossible before
@NASA
2
6
13
On Tuesday June 9th, we welcome Paul Tudor Jones to a video webinar with our members. He is founder, Co-Chairman, Chief Investment Officer and the controlling principal of Tudor Investment Corporation. For more information, visit:
#ECNYTudorJones
1
2
17
.
@DavidMalpassWBG
: “I’d like to see all people do well. We try to focus on where there are opportunities. That often comes from a leader who wants their people to do well.”
#ECNYMalpass
1
5
14
#ICYMI
:
@Bgarlinghouse
was on our stage last week with
@FoxBusiness
Anchor
@LizClaman
talking all things
@Ripple
,
#cryptocurrency
, trust, and more. Listen to the entire conversation on our Facebook page:
0
7
14
One week from today, we’ll host
@WhiteHouse
Chief Economic Advisor and Director of the National Economic Council
@larry_kudlow
for a conversation with
@CNBC
anchor
@BeckyQuick
- sure to be an interesting discussion. Follow along on 9/17 at
#ECNYKudlow
.
8
5
15
"We may be slipping into a kind of central bank socialism that is problematic,"
@LHSummers
said of the Fed's response thus far to the Covid-19 pandemic.
#ECNYSummers
1
6
17
Q: "Is your job fun?"
Powell: "Yes, it is. I love my job... the subject matter is endlessly interesting and important."
#ECNYPowell
1
3
14
"The biggest risk to this party coming to an end is going to be inflation down the road," Jones said.
He points to:
- the shortest recession in history
- the shortest bear market in history
- M2 growth that hasn't been seen since the 1940s
#ECNYTudorJones
0
6
18
Milley on Russia: "Putin has lost a tremendous amount of military capability, and they have suffered a tremendous amount of military loss. I think the Russians have severely underestimated the Ukrainian people."
#ECNYMilley
3
6
18
Thank you to
@DellTech
Chairman and CEO
@MichaelDell
and
@cnbc
’s
@jonfortt
for a great and insightful conversation today!
#ECNYDell
1
7
18
.
@BeckyQuick
, Co-Host of
@SquawkCNBC
, will explore with them the economic steps and evolving technologies the private sector can leverage to mitigate the challenges of climate change.
3
6
17
@bgarlinghouse
: Cryptocurrency market is still a nascent industry. Blockchain technologies are going to touch a lot of industries, but I think we are still figuring out which ones and how.
#ECNYRipple
0
6
14
The end of the month could mean eviction for many who have been hard hit by the latest U.S. recession.
@drlisadcook
says the time for additional stimulus is now.
#ECNYCook
0
3
15