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Billionaire investor Ron Baron says inflation will propel major stock gains in the coming decades but everything will be ‘twice as expensive’

The billionaire investor Ron Baron told CNBC that the Dow could surpass 900,000 in 50 years.

The veteran investor said persistent inflation could fuel economic growth.

He said higher prices could bring major stock gains but might make everything “twice as expensive.”

The billionaire investor Ron Baron said stocks were in for major gains in the next half-century because of persistent inflation that would make everything “twice as expensive.”

The Baron Capital CEO spoke with CNBC on Saturday about increasingly. READ MORE

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