Kyle Bass said that US interest rates would follow the rest of the world to zero – "That's crazy"

Central banks are just beginning to ease their monetary policy, said hedge fund manager Kyle Bass predicts that US interest rates will continue to fall and follow global interest rates to zero.

"We are the only country to have a full face to our bond yields.We have 90% of the world's premium debt.We actually have a rule of law and we have a decent economy.All the money will be at coming here, "Bass, founder and chief investment officer at Hayman Capital Management, told CNBC's David Faber Tuesday.

Bass's comments come as several central banks around the world have implemented stimulus policies, to the point that nearly $ 15 trillion in global debt is trading at a negative rate. The respective yields of Germany and France at 10 years are in negative territory, as is the benchmark rate of Japan. China has also implemented stimulus measures to mitigate the slowdown in economic growth.

"It's insane.The Japanese will continue.Chinese printing currency is nowadays a national hobby.Europe will revive QE," Bass said.

In the United States, the Federal Reserve cut interest rates by 25 basis points last month, citing "global developments" and "moderate inflation." Market expectations regarding lower rates in September are also 100%, according to the FedWatch tool of the CME group.

Bass noted that US rates would drop to zero, politicians ignoring budget deficits, while economic activity in Europe and China was slowing. However, these measures could have disastrous consequences.

"The unintended impression of central banks has the unintended consequence of enriching the rich, keeping the middle class where they are and keeping the poor in poverty," Bass said.

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