News > What assets are the best hedge against inflation, not crypto says Elon Musk
What assets are the best hedge against inflation, not crypto says Elon Musk
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Business Today | 14/03/2022 05:13 PM | Click to read full article
Elon Musk tweeted on Monday saying that Tesla and SpaceX are at risk due to rising inflation and also suggested a few assets that he thinks are the best hedge against inflation, and surprisingly, they are not cryptocurrencies.
Musk discussed in a Twitter thread how global commodity prices are on track to see the largest weekly spike in more than 50 years as a result of Russia's conflict with Ukraine.