Hedge fund tycoon Jones believes that Federal Reserve Chairman Jerome Powell's measures to fight inflation are like missions to the moon.

(Bloomberg)

[Financial Channel/Comprehensive Report] American billionaire and hedge fund tycoon Paul Tudor Jones believes that Federal Reserve Chairman Jerome Powell's measures to fight inflation are like missions to the moon.

Jones also believes that Powell is now facing the most difficult economic environment in 40 years.

Jones pointed out in an interview on Tuesday (10th) that consumers have saved a lot of money through the new crown bailout bill and other fiscal and monetary stimulus measures.

Ball is faced with how to solve this problem without causing damage, which is very difficult.

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Jones estimated that if Powell succeeds, the stock market may rise by 7% to 8% this year, but if inflation worsens, Powell will continue to raise interest rates, further increasing the risk of economic downturn.

Jones believes that most of the inflation we are seeing now is not that American workers are getting their fair share, but is being driven by previous excesses of fiscal and monetary stimulus.

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