Ken Griffin Questions Trump’s Manufacturing Push, Emphasizing Inflationary Concerns

Ken Griffin, CEO of Citadel, has voiced his reservations about President Trump’s focus on bringing manufacturing back to the U.S., arguing that these moves could trigger inflation. Griffin highlighted this concern in a recent Bloomberg interview, citing potential price hikes and their negative impact on all sectors, including crypto markets. He emphasized the need for stable prices as a key factor in bolstering the economy, particularly given past inflationary pressures played a significant role in shaping voter sentiment during the 2016 presidential election. Griffin also questioned whether low-skilled jobs are truly the solution to U.S. economic problems. He suggested that American workers may not be enthusiastic about returning to these roles and pointed out the ongoing deportation of immigrants further complicates this scenario.