Paul Tudor Jones: Very challenging situation for the Fed

Legendary investor Paul Tudor Jones is speaking on CNBC

• very challenging situation for the Fed
• consequences of Fed rate hikes as yet unknown
• everyone is expected to play some catch up to compensate for inflation
• expecting wage rise of 5 to 10%
• it is really challenging for Fed to hit the 2% target
• wage hikes get inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term significant push
• more likely than not if we are going to have the long-term prosperity we need a stable currency
• we need stable inflation over long-term if we don't have a stable society
• there is a short term pain if we are to have long-term gain
• Putin/Russia situation a big unknown
• I have a minor allocation of bitcoin
• The 2020s will be that period where focus on debt dynamics
• We've done this massive experimentation with monetary policy where we depressed yields
• The 2020s will be the opposite
• Whoever is Pres. is going to have to deal with debt dynamics that are so dire we are going to have to have fiscal retrenchment
• Bitcoin will have value at some point
• Most recessions last around 300 days. Stock markets tend to go 10% from the start of the recession
• There will be a point when the Fed stops tightening.
• I think being in cash is a good thing assuming central banks will do what they said that to that is bring inflation back to target
• We are in a completely different environment now