In a televised CNBC Squawk Box interview in late October, legendary billionaire hedge fund investor Paul Tudor Jones said he prefers commodities such as bitcoin and gold instead of fixed-income instruments. Jones reasons that inflation is still coming, and the U.S. will have to grapple with its rising deficit.
“We’re going to be broke really quickly unless we get serious about dealing with our spending issues,” Jones told Squawk Box’s Andrew Ross Sorkin. He also said, “All roads lead to inflation.”
