Brian Snyder/Reuters
- Bill Ackman warned the banking crisis might hammer the US economy if it isn't resolved quickly.
- The billionaire investor cautioned the Fed against hiking interest rates before order is restored.
- Ackman touched on inflation, blockchain, Elon Musk, and Jamie Dimon's presidential potential.
Bill Ackman has raised the alarm on the banking crisis, warning it could ravage the US economy if allowed to continue.
The billionaire investor and Pershing Square chief, during an episode of the 20VC podcast uploaded Monday, cautioned the Federal Reserve against forging ahead with further interest-rate hikes before the financial system stabilizes.