Subnostr

If Balaji is right, expect him to shut up pretty soon when his wealth and freedom is threatened by the establishment which he is undermining.

If he keeps going on the same thread, those powers don’t see him or his message as a threat.

⚡️🌱🌙 2y ago

I don’t think his hypothesis is correct.

The most difficult price to control is the price of oil, and it’s crashing.

Oil is international, real world, is traded in large volume and by entities who despise one another.

Oil price cannot crash in a hyperinflation scenario, which suggests this is just a good old fashioned bust. If anyone can imagine a scenario with both hyperinflation and a crashing oil price please explain it to me.

Like 2008, and unlike 2020 this printing has zero monetary velocity, it’s just free collateral locked in a vault for greasing toxic bank deals. It doesn’t touch the real world economy, it will not trigger inflation.

If the printing leaks into the economy, then we will have inflation but crashing oil price strongly suggests no leaking.

Reply to this note

Discussion