Comment on Billionaire trader Paul Tudor Jones sounds the inflation alarm, touts bitcoin over gold, and warns stocks could fall in a new in

Billionaire trader Paul Tudor Jones sounds the inflation alarm, touts bitcoin over gold, and warns stocks could fall in a new in

Paul Tudor Jones. REUTERS/Eduardo Munoz Paul Tudor Jones rang the inflation alarm in an interview this week. The billionaire trader touted crypto as a better hedge against rising prices than gold. Jones cautioned that stocks could fall if the Fed tightens its monetary policy. Paul Tudor Jones urged the Federal Reserve to tackle rising prices, trumpeted cryptocurrency as a better inflation hedge than gold, and suggested the Chinese government's recent crackdowns are hurting its economy in a CNBC interview this week.The billionaire trader and founder of Tudor Investment Corporation also warned inflation is the greatest danger to investors right now, and cautioned stocks could fall if the Fed cools the economy.Here are the 8 best quotes from the interview, lightly edited and condensed for clarity:1.

 

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