Burry rose to fame after he bet against the US housing market prior to the great financial crisis, depicted in the movie "The Big Short." He believes another round of stimulus and the expected wave of consumer spending to drive up prices. Furthermore, he doesn't believe gold or bitcoin can protect investors.

"Prepare for #inflation," he tweeted on Thursday night before deleting the post later. "Re-opening & stimulus on the way. Pre-COVID it took $3 debt to create $1 GDP, and it is worse now. In an inflationary crisis, governments will move to squash competitors in the currency arena. $BTC #gold."

Burry even compared the future of the US to the hyperinflation experienced by Germany in the 1920s. "Germany [the US] started by not paying adequately for its war [on COVID and the GFC fallout] out of the sacrifices of its people - taxes - but covered its deficits with war loans [Treasuries] and issues of new paper Reichsmarks [dollars]. ' #doomedtorepeat," he tweeted.

"#History is not useless," he said in another tweet. "This text explores the 1970s American #inflation, which is more relevant today than one might think."

He then made not of the correlation between the market mania in Germany before the hyperinflation started and the Reddit-driven surge of several stocks earlier this year. "Before the German hyperinflation in the 1920s, 'everyone from the elevator operator up was playing the market' and volumes became such that 'the financial industry could not keep up with the paperwork' and the 'Bourse was obliged to close.' Sound familiar? #robinhooddown," he tweeted.

Burry has called the current market valuation a bubble for some time now.

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