Financial analyst Gordon Johnson issued a stark warning on X, accusing the Federal Reserve of “grossly negligent” behavior in failing to curb inflation. He said rising costs are pushing Americans to the brink, stating that people “can no longer afford life” — a situation he warns could lead to social unrest.
Supporting Johnson’s concern, Citadel CEO Ken Griffin recently noted that inflation remains “substantially above target” and is expected to remain high into next year. He warned that U.S. monetary and fiscal policy is creating “a very pro-inflationary environment.”
Historic Currency Depreciation
The Citadel chief stated during a conference interview on a Bloomberg podcast that persistent inflation is driving currency weakness. “It’s part of the …