Billionaire Ken Griffin warns of inflationary pressure amid President Trump’s attempt to prominent manufacturing
Ken Griffin, director of the billionaire hedge fund, says President Donald Trump’s efforts to re -manufacture to the United States will bring inflationary pressure.
Griffin Argue In a new interview with Bloomberg, Trump should instead work to keep the devil in the bottle.
“What frustrates me in this matter is that one of the reasons why Trump won the elections had had enough inflation. They wanted a break from seeing their standard of living deteriorating due to the price of goods and increasing services constantly. Therefore, I really believe that the president needs to think for a long time and difficult to protect the standard of living of the American people.”
Griffin founded Markets Citadel Securities and the giant investment, which is a separate entity. He is currently the CEO of the Citadel CEO and Chairman of the CEO Sitadel Securities.
The CEO of the Citadel is also wondering the wisdom of re -manufacturing positions to the United States, noting that China is trying to empty some jobs in this sector even low -cost labor.
“I do not understand the reason we believe that it is virtue to restore the jobs of low-skill in manufacturing.
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