Billionaire Karl Icahn (Carl Icahn) Said that excessive money supply and rising inflation may have a negative impact on the U.S. market. “In the long run, we will definitely hit a wall.” I really think that the way we move forward, the way we print money, we fall into Crisis occurs in the way of inflation. "Therefore, inflation is indeed "rampant" and Bitcoin may be valuable.
Carl Icahn, long-time activist investor and chairman of Icahn Enterprises, spoke to CNBC today on the US market, inflation, money supply, and Bitcoin.Icahn explained that he believes that a market crash is imminent because an excessive money supply floods the market with rising inflation-in this case, Bitcoin will be particularly valuable.
"In the long run, we will definitely hit a wall," Icahn told CNBC. "I really think that the way we move forward, the way we print money, the way we fall into inflation will all have a crisis. If you look around, you will see that there is inflation all around, and I don’t know you in the long run. How to deal with it."
When asked to make a prediction, Icahn changed course, but he stated: