**Paul Tudor Jones: All Roads Lead to Inflation, Bitcoin Is the Way!**
Billionaire investor Paul Tudor Jones said that “all roads lead to inflation” in an interview with CNBC on Oct. 22. He added that he is long gold and Bitcoin, calling commodities “very under-owned.”
- “I probably have a basket of gold, Bitcoin, commodities and Nasdaq. And I don’t have any bonds at all,” he said in a casual manner.
- Bitcoiner Anthony Pompliano jokingly commented, “It’s probably nothing!”
- Bitcoin nearly peaked on Oct. 21 but has since retreated to $67,000 in recent days.
- Gold is up 33% this year, while silver is up 46% by 2024, with a target of more than 2024.
Jones explained that inflation will happen no matter what central banks do because countries need to address their debt-to-GDP problem.
- "If we're trying to stabilize debt to GDP, we want to run the most dovish monetary policy possible without letting inflation get too high," he said.
- The US public debt is currently at 120% of GDP, with the total national debt at $35.7 trillion.
However, the world's central banks have a different view. The IMF in its World Economic Outlook forecast on October 22 claimed that "the battle against inflation has been largely won."
What do you think? Are Bitcoin and gold the best solution? Let's discuss in the comments column! 🚀