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Kyle Bass: You’re currently losing 10% per year in purchasing power

CNBC, Released on 6/15/21

Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued to build in the U.S. economy, the Labor Department reported Tuesday. Kyle Bass, founder and chief investment officer of Hayman Capital Management, joined “Squawk Box” on Tuesday to discuss.

Kyle Bass is an American hedge fund manager. He is the founder and principal of Hayman Capital Management, L.P., a Dallas-based hedge fund focused on global event-driven opportunities.

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