INFLATION

Savers are losers. The dollar is dying. Buy gold, silver, Bitcoin, and real estate. Do not trust the government to protect your money.

The most dangerous thing you can do is sit in cash. Inflation is a tax on the lazy. Bitcoin is insurance against that tax.

Cash is trash. Every dollar you hold is losing value. Bitcoin is the only monetary asset that cannot be printed into oblivion.

Every single fiat currency in history has gone to zero. Not most of them. All of them.

We are all living in a debt supercycle that has one inevitable conclusion. The question is what you hold when it resolves.

All money that can be printed will be printed. That is the iron law of fiat currency.

The money printer goes brrr. That is not a meme. That is monetary policy. And Bitcoin is the only asset that cannot be printed.

Inflation is just a fancy word for everything getting more expensive. That is literally all it means.

Inflation is not transitory. I said that in 2021 when the Fed was still using that word. It was obvious to anyone reading the data.

Inflation is not transitory. I said it in 2021. The Fed said otherwise. One of us was right.

Governments always choose inflation over default. Always. Without exception in modern history.

Inflation is a supply shock, not a monetary phenomenon this time. The deflationary forces in the global dollar system have not gone away.

Inflation isn't transitory when governments are printing money like it's a competition. That was obvious to anyone who'd read a history book.

Gold is the only money that has survived through the centuries. Everything else is paper.

The medium-to-long-term prognosis with respect to US inflation is murkier.

If inflation does come down as quickly as central banks predict, it'll be because they get really lucky.

Time will tell whether inflation continues its recent downtrend into the latter half of 2023 or whether the Fed will need to eventually resume its policy tightening.

Japanification.