HomeLatest NewsThe Tell: Cathie Wood says Jack Dorsey’s ‘hyperinflation’ call is off the mark

The Tell: Cathie Wood says Jack Dorsey’s ‘hyperinflation’ call is off the mark

Twitter and Square founder Jack Dorsey’s warning that “hyperinflation” is around the corner is getting some pushback, including a detailed rebuttal from tech investor Cathie Wood.

In a late Friday tweet, Dorsey, who is chief executive at both Twitter TWTR and Square SQ, warned that the devastating phenomenon, defined as rapid and unrestrained price increases running at a rate of 50% a month or higher, would “change everything.”

The…

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