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Paulson: Trump Plan Better than "Whatever Harris Policies Would Be"

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by VBL
Friday, Sep 20, 2024 - 14:09

John Paulson: "We'll see a crash" under Harris tax plans

Intro and Quotes

This is the second part of an interview between John Paulson on CNBC by XXXXXXX. In part  one Paulson discussed  what he thought the market would do under Kamala Harris as recapped  in John Paulson: "We'll see a crash" under Harris tax plans  one memorable quote form part one was:

"I would move more [presumably out of stocks] to cash if Harris was elected, and I'd stay invested in gold."

This interview focuses on two main topics. The first focuses on what he believes is a misunderstanding on tariffs as causes of inflation.

I'm not concerned about the inflationary impacts of the tariffs. There will be some, but that will be offset by higher growth and higher growth leads to more tax revenues.

The second subject involved some debate commentary.Paulson noted: "We didn't hear a lot about what her (Harris) policies would be. Here is part 2 of that interview

The Interview

Related:

Continues (transcribed)  here


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