Cathie Wood strongly disputes Jack Dorsey’s ‘hyperinflation’ warning, but they agree on one asset class — in any market environment

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.