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- Michael Burry predicted post-reopening inflation back in April 2020.
- “The Big Short” investor warned prices could surge earlier this year too.
- Burry trumpeted the value of profitable companies during inflationary periods.
- See more stories on Insider’s business page.
Michael Burry warned the post-pandemic reopening could cause inflation to spike as early as April last year — mere weeks after the first lockdowns in the US. His prediction was proven right this week by data showing consumer prices jumped 4.2% year-on-year last month, the sharpest increase in 11 years.
“When we start working and playing again, inflation may be details ⇒
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