Bill Ackman: The ultimate regulator is Visa 8/2/22
Squawk Pod
00:00
Do You Like the Chips Act?
I think what got us into this mess was an extra couple trillion dollars of stimulus that was intended. The extreme inflation is actually affecting people who who ere bt. So it's got to be very cautious about adding more a fiscal stimulus at a time like this. We have interest rate hedge and place, which we've had a various forms of implate,. beginning ina december 20 20, because of our concerns about about rates. But our implicit bet is that if you will go, have to go higher than the market is pricing in.
Play episode from 35:59
Transcript
