"I think all roads lead to inflation," he said. "I'm long gold, long bitcoin." Tudor added that he would short fixed income, particularly longer duration paper.
"We are going to be broke really quick unless we get serious about dealing with our spending issues," he said.
Tudor's fellow legendary investor Stanley Druckenmiller recently also betting against U.S. government bonds.
The only playbook to get out of the situation is to inflate and outgrow the debt burden, argued Jones.
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