Cathie Wood strongly disputes Jack Dorsey’s ‘hyperinflation’ warning, but they agree on one asset class — in any market environment
- Date: 15-Nov-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Cathie Wood strongly disputes Jack Dorsey’s ‘hyperinflation’ warning, but they agree on one asset class — in any market environment
Hyperinflation — rapid, out-of-control general price increases — may not seem that relevant at the moment, but Twitter co-founder and CEO Jack Dorsey believes otherwise.
“Hyperinflation is going to change everything. It’s happening,” he warns in a tweet last month.
Dorsey adds that hyperinflation “will happen in the U.S. soon” and will spread across the globe.