Billionaire Carl Icahn warns 'you can't cure' hot inflation — but when an audience member asked him...

Published on 26 Sep 2022 on MoneyWise via Yahoo Finance

Billionaire Carl Icahn warns 'you can't cure' hot inflation — but when an audience member asked him...

Billionaire Carl Icahn warns 'you can't cure' hot inflation — but when an audience member asked him for stock picks, he gave these 2 'cheap and viable' names

Easy monetary policy might seem fun at the beginning, but it has consequences.

While asset prices shot up in 2020 and 2021, they pulled back substantially in 2022. Meanwhile, inflation remains near 40-year highs and the Fed has to raise interest rates aggressively to bring price levels under control.

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