PAUL TUDOR JONES: The next recession will be ‘frightening’


Published June 19, 2018

  • "I don’t think monetary policy is sustainable, and clearly fiscal policy - Are you kidding me?!” said legendary investor, Paul Tudor Jones in an interview with Goldman Sachs’ CEO on Monday

  • Jones said assets are overvalued and the next recession will be “really frightening.”

  • “Just imagine the next recession comes. Oh my God! It’s going to be interesting,” Jones said.

Monetary and fiscal policy is unsustainable and the next recession will be "really frightening," legendary US investor and hedge fund manager, Paul Tudor Jones, told Goldman Sachs CEO Lloyd Blankfein in an interview on Monday.

"I don’t think monetary policy is sustainable, and clearly fiscal policy - are you kidding me?!," said Jones.

The billionaire told Blankfein that artificial interest rates have become normal and they need to get back to the levels of the past 250 years.

Linking the rates, which Jones called "crazy", to the price of assets, he said: “I think right now when you look at any asset price, you have to be thinking that this is a highly dubious sustainable asset price.”

Jones called for a return to normality, causing assets to gradually reduce in value. The alternative he said would be a "frightening" sharp collapse.

“Just imagine the next recession comes. Oh my God! It’s going to be interesting. The next recession is going to be really frightening because we don’t have any stabilisers.

He said government would struggle to control a recession today because it’s already using the fiscal tools it has available to manage the current economy so there would be few reserve actions left.

“The one thing I would say that I’ve learned in the past 40 years [with boom and busts],” said Jones, “it’s the same old story so often.”

Jones is a billionaire investor, hedge fund manager and philanthropist estimated to have a net worth of $4.7 billion by Forbes. The June 18, 2018 interview can be found here.

(Source: Click Here)

Open Your IVA Today!

#Geopolitics #Money

Featured Posts
Recent Posts
Archive
Search By Tags
No tags yet.
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

S.D.G. | © 2017 by International Silver Dollar Association ~  www.ISDASilver.org

All Rights Reserved.  All Wrongs Reversed.

OPPORTUNITIES

COVENANTS & DISCLOSURES

MEMBERSHIP

Back to Top

ICFMS Logo Vertical_edited.png

IMPORTANT MESSAGE: ISDASilver.org is a website owned and operated by the International Silver Dollar Association an Ecclesiastical State Integrated Auxiliary Trust operating by rule of necessity as an Unincorporated Association (hereinafter, “ISDA”).  We are a Faith Based Organization qualified under Title 26 U.S. Code § 508c(1)a Non-Assumptive 28 U.S. Code § 1746 (1).  By accessing the website and any pages thereof, you agree to  the binding terms of use of all ISDA Policies & Agreements, as each may be amended from time to time.  ISDA is not a registered broker, dealer, investment adviser, investment manager or registered funding portal.  Any and all private offerings on this site are available without contravention of Rule 506(b) of Regulation D, as “safe harbor” under Section 4(a)(2) of the Securities Act, and pursuant to the iCovestor Relationship & Royalty Sharing Covenant made in acquiescence at the time of any like kind exchange for any goods, services, and/or subscription made in the medium and measurement of silver in the form of U.S. Treasury Minted American Silver Eagle Coined money (Measured Digitally and/or Physically exchanged thereof as an Intentional Community Opportunity (-ies), a.k.a. “ICO” or "ICOs").

The information contained on this site is provided for informational purposes as a service to the public as part of the mission of the ISDA and does not constitute legal or tax advice.  Legal Information is not the same as Legal Advice.  Some of the information on this site and corresponding emails provide information about law designed to help users safely cope with their own Faith Based Organization needs.   The application of law varies depending on many circumstances. The laws of every state are in constant change, and although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a lawyer if you want professional assurance that this educational information, and your interpretation of it, is appropriate to your particular situation.

 

ISDA Website Entry & Use Agreement & Public Notice: CLICK HERE