Ken Griffin Warns of Higher Inflation, Geopolitical Turmoil, and Unsustainable Fiscal Policy
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Citadel's Ken Griffin says the world is facing unrest and structural changes causing higher baseline inflation.
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He says the "peace dividend is over" referencing recent wars in Ukraine and Israel/Hamas.
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Griffin warns U.S. fiscal spending is unsustainable given higher rates and deficits.
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He says consumers realize something is not right despite a strong job market.
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Griffin warns printing money to avoid default would devastate the economy.