Billionaire hedge fund manager Paul Tudor Jones is heavily investing in gold and Bitcoin as hedges against anticipated inflation, regardless of the outcome of the 2024 U.S. presidential election. Jones believes that the U.S. will attempt to inflate its way out of mounting national debt, projected to reach 122% of GDP by 2034, and that government spending and tax cuts will exacerbate inflationary pressures. His investment strategy includes avoiding fixed-income assets due to expected rising interest rates, and he has expressed skepticism towards U.S. fiscal management under both former President Donald Trump and President Joe Biden. Jones has long praised Bitcoin as a reliable inflation hedge, especially since its strong performance during the pandemic-driven economic uncertainty in 2020. He also suggests diversifying into Nasdaq equities and commodities, which he describes as 'ridiculously under-owned.' This approach reflects a broader concern about the economic landscape and potential consequences of unchecked government spending.