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07.11 - 19:01
Carl Icahn says the market over the long run will certainly 'hit the wall' because of money printing
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cnbc.comLongtime activist investor Carl Icahn said Monday that the U.S. markets could see major challenges over the long term in the face of excessive money supply and rising inflation.
«In the long run we are certainly going to hit the wall,» Icahn said Monday on CNBC's "Fast Money Halftime Report." «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.»
The Federal Reserve and Congress have unleased trillions of dollars in stimulus to rescue the economy from the Covid-19 pandemic. The central bank's balance sheet swelled by more than $3 trillion amid its
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Bank governor signals interest rates will need to rise towards 1% theguardian.com /3 years ago
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Bank of England's Bailey says 'the warning signs are there' on inflation cnbc.com /3 years ago
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