Paul Tudor Jones warns investors of “the great monetary inflation”

The coronavirus has resulted in the greatest amount of economic stimulus ever. Paul Tudor Jones noted in his recent letter to investors, which was reviewed by ValueWalk, that the sudden drop-off in the economy took modern monetary theory from theory to practice without debate. The move left him “speechless.” Q1 2020 hedge fund letters, conferences and more Since February, $3.9 trillion across the globe “has been magically created through quantitative easing,” he wrote. He described the situation as “the Great Monetary Inflation,” or an “unprecedented expansion of every form of money unlike anything the developed world has ever seen.” Extreme…