Investment

John Malone says he’s buying hard assets like housing in bet on currency devaluation

Liberty Media Chairman John Malone said hard assets look attractive as the unprecedented coronavirus stimulus is poised to lead to a depreciation in currencies. “We’ve survived this [pandemic] because of enormous fiscal and monetary stimulus,” Malone said in an interview that aired Thursday with CNBC’s David Faber. “And I’ve got to believe this will lead to devaluation […]