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Published 2 years ago

Billionaire Investor Bill Ackman Says Unless the Fed Aggressively Hikes Rates, Stock Market Could Crash, 'Catalyzing an Economic Collapse' – Economics Bitcoin News

Summary by Ground News
Billionaire hedge fund manager and founder of Pershing Square Capital Management, Bill Ackman, believes inflation is out of control. Ackman thinks if the Federal Reserve doesn't do its job, the U.S. economy could collapse. Gold bug and economist Peter Schiff doesn't think inflation will let up, no matter what the Fed does.

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Billionaire Investor Bill Ackman Says Unless the Fed Aggressively Hikes Rates, Stock Market Could Crash, 'Catalyzing an Economic Collapse' – Economics Bitcoin News

"The only way to stop today’s raging inflation is with aggressive monetary tightening or with a collapse in the economy," Bill Ackman said.

2 years ago
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MetaCrunchMetaCrunch

Billionaire Investor Bill Ackman Says Unless the Fed Aggressively Hikes Rates, Stock Market Could Crash, ‘Catalyzing an Economic Collapse’ – Economics Bitcoin News

Bill Ackman, billionaire hedge fund manager and founder of Pershing Square Capital Management, believes “inflation is out of control.” The investor thinks the US economy could collapse if the Feder…

2 years ago
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Global Online MoneyGlobal Online Money

Billionaire Investor Bill Ackman Says Unless the Fed Aggressively Hikes Rates, Stock Market Could Crash, ‘Catalyzing an Economic Collapse’ – Economics Bitcoin News

Billionaire hedge fund supervisor and founding father of Pershing Sq. Capital Administration, Invoice Ackman, believes “inflation is uncontrolled.” The

2 years ago
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DropTownDropTown

Billionaire Investor Bill Ackman Says Unless the Fed Aggressively Hikes Rates, Stock Market Could Crash, 'Catalyzing an Economic Collapse' – Economics Bitcoin News

Billionaire Investor Bill Ackman Says Unless the Fed Aggressively Hikes Rates, Stock Market Could Crash, ‘Catalyzing an Economic Collapse’ – Economics Bitcoin News Source link

2 years ago
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Billionaire Investor Bill Ackman Says Unless the Fed Aggressively Hikes Rates, Stock Market Could Crash, ‘Catalyzing an Economic Collapse’ – Economics Bitcoin News

Billionaire hedge fund manager and founder of Pershing Square Capital Management, Bill Ackman, believes “inflation is out of control.” The investor thinks

2 years ago
Read Full Article
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