A billionaire New York hedge fund manager has come up with an unusual suggestion for reducing - recommending that the U.S. government bring down wage costs by welcoming in more migrants., who as CEO of investment firm Pershing Square Capital Management is worth an estimated $3.2 billion, said that the current tactics employed by the government to bring down inflation were 'a blunt tool' and not effective.Inflation is currently at a 14-year high at 8.26 percent, and on Wednesday the hiked interest rates by another 0.75 percentage points - its fifth interest rate increase since March.
Load More
Load More