• 'Big Short' investor Michael Burry says 'prepare for inflation' - and warns bitcoin and gold might be at risk

    13 days ago - By Business Insider

    Michael Burry.
    Bloomberg TV
    Michael Burry expects the economy's reopening and more stimulus to fuel inflation. "The Big Short" investor warned governments might 'squash' bitcoin and gold to protect their currencies. Burry highlighted Germany's hyperflation in the 1920s as a cautionary tale for the US. Visit Business Insider's homepage for more stories. Michael Burry expects the post-pandemic economic recovery and another round of stimulus to drive up prices, and doesn't see bitcoin or gold as guaranteed havens for investors. "Prepare for inflation," the investor said in a now-deleted tweet...
    Read more ...