Carl Icahn Market Crisis Bitcoin Potential High Inflation

Carl Icahn Market Crisis Bitcoin Potential High Inflation



  • Excessive money supply and rising inflation could negatively affect U.S. markets, billionaire Carl Icahn said.
  • “In the long run we are certainly going to hit the wall,” Icahn said. “I really think there will be a crisis the way we are going, the way we are printing money, the way we are going into inflation.”
  • Bitcoin could be valuable if inflation indeed runs “rampant,” he said.

Longtime activist investor and Icahn Enterprises Chairman Carl Icahn spoke to CNBC today on U.S. markets, inflation, monetary supply, and bitcoin. Icahn explained that he believes a market crash is looming as excessive money supply floods the market along with the uptick in inflation rates  a scenario in which Bitcoin would be particularly valuable.

“In the long run we are certainly going to hit the wall,” Icahn told CNBC. “I really think there will be a crisis the way we are going, the way we are printing money, the way we are going into inflation. If you look around you, you see inflation all around you and I don’t know how you deal with that in the long term.”



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