The current slowdown in money supply growth and the Fed’s shrinking balance sheet have momentarily slapped a band-aid on inflation, but let’s not kid ourselves. The charade of raiding pensions and savings to fund government deficits can only last so long. Eventually, the debt will outgrow this trick, and they’ll have no choice but to fire up the printing presses again. It’s inevitable. Fiat systems always end the same way: politicians, too spineless to cut spending, will monetize the debt, and inflation will come roaring back. The purchasing power of your money? Your parents money? Your grandparents money? Vaporized. This is the fate of all fiat—it’s just a slow-motion collapse dressed up in temporary stability.

👇🏽 from my exiled X account @ Sooly_Kobayashi