'Bat-Shit Crazy’ Paul Tudor Jones on the Fed, Inflation and Why He Recommends 5% in Bitcoin

<p><span style="font-weight: 400;">Just when it seemed like the “Economic Empowerment” narrative coming out of El Salvador was poised to overtake the inflation/digital gold narrative, one of that viewpoint’s strongest advocates was back on CNBC today. Hedge fund legend Paul Tudor Jones discussed why he doesn’t think inflation is transitory, why he recommends 5% in bitcoin and why the outcomes in the market will be based largely on what the Fed does next. </span></p> <p> </p> <p><span style="font-weight: 400;">Also on this episode:</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Elon Musk says Tesla will accept BTC as payment again once renewable mining hits 50%</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Michael Saylor and MicroStrategy sell $500 million in bonds to buy more BTC</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">More shockwaves from El Salvador’s landmark bitcoin law</span></li> </ul> <div data-pm-slice="1 1 []" data-en-clipboard="true">--</div> <div>Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io</div> <div>--</div> <div>Enjoying this content?</div> <div> </div> <div>SUBSCRIBE to the Podcast</div> <div>Apple:  https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb</div> <div>Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ</div> <div>Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M=</div> <div> </div> <div>Follow on Twitter:</div> <div>NLW: https://twitter.com/nlw</div> <div>Breakdown: <a href="https://twitter.com/BreakdownNLW" rev= "en_rl_none">https://twitter.com/BreakdownNLW</a></div> <div> </div> <div>The Breakdown is produced and distributed by CoinDesk.com</div>