- Jones, a billionaire hedge fund manager, believes inflation is here to stay, posing a major threat to the U.S. markets and economy.
- Inflation is "probably the single biggest threat to certainly financial markets and I think to society just in general," he told CNBC on Wednesday.
- Jones said the trillions of dollars in fiscal and monetary stimulus is the impetus for inflation to run hotter for longer.
Billionaire hedge fund manager Paul Tudor Jones believes inflation is here to stay, posing a major threat to the U.S. markets and economy.
"I think to me the No. 1 issue facing Main Street investors is inflation, and it's pretty clear to me that inflation is not transitory," Jones said Wednesday on CNBC's "Squawk Box." "It's probably the single biggest threat to certainly financial markets and I think to society just in general."
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