We now go into an era of high inflation and zombie banks.
-Banks that should fail will survive, and look like the airline industry. No need for efficiency or good customer service.
-Fed balance sheet grows to support inefficient banks, taxing us all through inflation.
Bitcoin is the Way
🎯
There is s huge potential for corruption if some govermnent official decides which bank will be bailed first, what amount of “money” will be alocated …
This selectivity based on political or personal gain considration should not exist in capitalism. It will for sure be in-efficient and also for sure corrupt. Its inevitable.
That caused collapse of communism and it will destroy USA. For sure.
What do you think about Balajis predictions in light of inflation?
What level of inflation would you expect to be normative over the next two years?
Is a hyperinflation scenario possible?
By the way, I really enjoyed your interview with Preston Pysh. Found it very interesting.
Till they EO6102 us. Then what.
