Paul Tudor Jones: ‘Inflation … [Is] the Single Biggest Threat to Financial Markets and Society in General’
The Breakdown
00:00
Is There a Buzz Around Inflation?
Inflation has been running above the federal reserves target of around two cent for what feels like a long time now. The fed is signalled it's getting ready to roll back its massive pandemic stimulus package. This could turn down some of the heat on us inflation. But a lot of the price pressure comes from supply chain problems lurking around the world. And this is really just one example of many. You can feel the narrative shifting. Higher inflation weighs on fed policy starts to have a broader impact on cost of living, wages and social benefits programmes. We are witnessing an unprecedented expansion of every form of money, unlike anything developed in modern history. Is one of a kind of a firus
Play episode from 08:04
Transcript
