Liberty Media's John Malone says he’s buying hard assets in bet on currency devaluation

“We’ve survived this [pandemic] because of enormous fiscal and monetary stimulus,” Liberty Media Chairman John Malone said in an interview that aired Thursday with CNBC’s David Faber. “And I’ve got to believe this will lead to devaluation of currencies, that hard assets ... will increase in value in currency terms. I’m not sure I’m gonna call this inflation, but it’ll look like and feel like inflation.”
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Thu, Nov 19 20209:43 AM EST