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International investors and businessmen warned of high inflation growth and price increases.
“We are seeing a very important level of inflation,” warned investor Warren Buffett, who is also the largest shareholder, president and CEO of Berkshire Hathaway, a conglomerate that owns several companies.
Tesla and SpaceX CEO Elon Musk said the price increase is due to a shortage of components and rising costs for microchips and other items, according to a Business Insider report.
Likewise, Twitter co-founder and CEO Jack Dorsey raised one of the most dire warnings about rising prices. “Hyperinflation is going to change everything,” he shared on Twitter.
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Bill Ackman, head of the Pershing Square firm, pointed out that there is “very, very significant inflation.”
“We’re seeing home prices go up a lot – you have to have a friend who knows the real estate manager to buy a house,” Ackman said in July of this year.
For his part, the investor Jeff Gundlach, also known as the “King of Bonds”, considered that the rise in prices in general will not drop 4% “at any time in 2022”.
“It is almost certain that we are going to have persistently high inflation (…). We do not believe that inflation will drop below 4% at any time in 2022,” he said.
