Twitter and Square CEO Jack Dorsey says 'hyperinflation' will happen soon in the U.S. and the world

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Twitter and Square CEO Jack Dorsey says 'hyperinflation' will happen soon in the U.S. and the world
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Twitter founder Jack Dorsey weighed in on escalating inflation in the U.S., saying things are going to get considerably worse.

it has provided to help the economy that critics say have stoked the inflation run.

In addition to overseeing a social media platform that has 206 million active daily users, Dorsey is a strong bitcoin advocate. He has said that Square, the debit and credit card processing platform that Dorsey co-founded, is looking at getting into mining the cryptocurrency. Square also owns some bitcoin and facilitates trading in it.

Responding to user comments, Dorsey added Friday that he sees the inflation problem escalating around the globe. "It will happen in the US soon, and so the world," he tweeted. Dorsey is currently both the CEO of

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