Some of the biggest names in investing see inflation as a real threat to markets

Traders work on the floor of the New York Stock Exchange (NYSE) on July 17, 2014 in New York City.
Spencer Platt | Getty Images News | Getty Images

To combat the highest inflation in nearly four decades, the Federal Reserve signaled its readiness to hike interest rates as soon as March, but some of Wall Street's biggest investors — from David Einhorn to Seth Klarman — are convinced the threat from surging prices has grown too big to tackle with such light measures.

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