Major Hedge Fund Warns of Something Worse Than Inflation or Stagflation as Central Bankers Have Been ‘Dishonest’

Major Hedge Fund Warns of Something Worse Than Inflation or Stagflation as Central Bankers Have Been ‘Dishonest’
A file photo of U.S. currency. Luis Robayo/AFP via Getty Images
Tom Ozimek
Updated:
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Florida-based hedge fund Elliott Management recently warned clients in a letter obtained by media outlets that the world is “on the path to hyperinflation” and a financial crisis so severe that it could even lead to societal collapse.

The letter, as reported by the Financial Times and Business Insider, urged clients to remain vigilant as the global economy and financial markets face “extremely challenging” circumstances in which investors will find it hard to turn a profit.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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