Billionaire investor and founder of The Carlyle Group David Rubenstein discusses the risks and longevity of inflation. Having worked in the Carter Administration, Rubenstein considers whether today’s economic environment might match that of the 1970s. In his extended interview, he discusses the markets, the supply chain, President Biden’s economic agenda, the Fed, and crypto. CNBC’s Kayla Tausche recaps the virtual meeting between President Xi and President Biden, highlighting the key topics of concern: Taiwan, trade, and Covid-19. Plus, crypto is falling, and meat and dairy prices are rising.
In this episode:
Kayla Tausche, @kaylatausche
David Rubenstein, @DM_Rubenstein
Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick
Katie Kramer, @Kramer_Katie