Twitter and Square CEO Jack Dorsey says 'hyperinflation' will happen soon in the U.S.

[CDDP]

Interesting....Dorsey has done pretty much everything in his control to silence or cancel anyone who is not a leftist/socialist with Twitter, but now is raising the alarm on inflation which is only going to go higher due to the socialists he's helped get power.

Twitter and Square CEO Jack Dorsey says 'hyperinflation' will happen soon in the U.S. and the world

Twitter founder Jack Dorsey weighed in on escalating inflation in the U.S., saying things are going to get considerably worse.

www.cnbc.com

 

[shiv]

Uh this is somewhat surprising. Unless he got off his meds it’s an interesting thing for him to say

 

[CDDP]

Uh this is somewhat surprising. Unless he got off his meds it’s an interesting thing for him to say

Yep.

 

[Cre8ive]

Uh this is somewhat surprising. Unless he got off his meds it’s an interesting thing for him to say

How big of a baseball bat do you think Dorsey could handle? And yes, I would OK using vaseline for maximum penetration. You?

It's called hyper-extension inflation of the anal cavity. And since he is already known as one of the biggest assholes in America, there is not telling what he could handle. A locomotive? A Trident submarine? Think of the possibilities.

 

[shiv]

How big of a baseball bat do you think Dorsey could handle? And yes, I would OK using vaseline for maximum penetration. You?

It's called hyper-extension inflation of the anal cavity. And since he is already known as one of the biggest assholes in America, there is not telling what he could handle. A locomotive? A Trident submarine? Think of the possibilities.

He probably needs a pretty girthy one

 

[America 1st]

Uh this is somewhat surprising. Unless he got off his meds it’s an interesting thing for him to say

I disagree here.

He wants to push globalism and accumulate more power.

Pushing cryptos achieves both of those desires.

 

[CDDP]

Unwritten rule that "elites" can't take about Hyperinflation and Jack is doing so.

 

[America 1st]

Unwritten rule that "elites" can't take about Hyperinflation and Jack is doing so.

Even 16% wouldn’t be hyperinflation.

Hyperinflation is 100% per year or 50% per month by most economic standards.

Sure 16% would be super painful but going from the 5.5% annual we are at now to 3x that amount (and still now be hyperinflation or anywhere close) would require some Sirius shit to pop off including a helluva lot more than Puddin’s proposed spending.

I hate the phaggots in charge as much as the next person but let’s pump the brakes a little before pushing all our chips in on Jack fucking Dorsey’s position.

 

[CDDP]

Even 16% wouldn’t be hyperinflation.

Hyperinflation is 100% per year or 50% per month by most economic standards.

Sure 16% would be super painful but going from the 5.5% annual we are at now to 3x that amount would require some Sirius shit to pop off including a helluva lot more than Puddin’s proposed spending.

I hate the phaggots in charge as much as the next person but let’s pump the brakes a little before pushing all our chips in on Jack fucking Dorsey’s position.

Full disclosure I currently own zero Bitcoin. I do own quite a bit of Bitcoin Cash from when it forked years ago. I also own Gold and Silver through Sprott's physical trusts so I'm totally biased and in the camp that the US dollar is getting trashed.

I can't stand Jack Dorsey or that he's from the same city as me, but several billionaires have very recently raised the red flag. Confidence is a major part of this and having big names speak out will not help with confidence.

 

[shiv]

I disagree here.

He wants to push globalism and accumulate more power.

Pushing cryptos achieves both of those desires.

I could see this too. He’s just trying to use his influence for a short term play. Elon has done this a few times

 

[America 1st]

Full disclosure I currently own zero Bitcoin. I do own quite a bit of Bitcoin Cash from when it forked years ago. I also own Gold and Silver through Sprott's physical trusts so I'm totally biased and in the camp that the US dollar is getting trashed.

I can't stand Jack Dorsey or that he's from the same city as me, but several billionaires have very recently raised the red flag. Confidence is a major part of this and having big names speak out will not help with confidence.

I think this is a lot of what the above is.

He owns lots of BTC so to see him push “muh hyperinflation” isn’t surprising. The sheep eat that shit up.

 

[America 1st]

I could see this too. He’s just trying to use his influence for a short term play. Elon has done this a few times

Not only does he have a financial interest in cryptos, and how they are used and promoted on Twatter, but he has a financial incentive to push for a gridlocked government.

 

[BigBucnNole]

Anyone that thinks Hyperinflation is coming is a fuckin special needs clown.

 

[BigBucnNole]

Interesting....Dorsey has done pretty much everything in his control to silence or cancel anyone who is not a leftist/socialist with Twitter, but now is raising the alarm on inflation which is only going to go higher due to the socialists he's helped get power.

Twitter and Square CEO Jack Dorsey says 'hyperinflation' will happen soon in the U.S. and the world

Twitter founder Jack Dorsey weighed in on escalating inflation in the U.S., saying things are going to get considerably worse.

www.cnbc.com

lolz, amazing how idiots get their hands on such huge amounts of capital.

 

[America 1st]

Anyone that thinks Hyperinflation is coming is a fuckin special needs clown.

It doesn’t matter.

I’ve been told everyone is going to be dead from the vax anyways.

 

[ChicagoFats]

Anyone that thinks Hyperinflation is coming is a fuckin special needs clown.

We will check back in with this comment in 2-3 years.

Economics 101 says you can’t just “create” productivity without consequences.

The consequences are inflation and it’s coming. I’ve been saying this shit for a lot longer than Dorsey. Fuck him

Buy your real estate now. Buy your crypto now. And the next best hedge vs inflation is your ability to earn a new dollar, so keep your skills sharp.

 

[BigBucnNole]

We will check back in with this comment in 2-3 years.

Economics 101 says you can’t just “create” productivity without consequences.

The consequences are inflation and it’s coming. I’ve been saying this shit for a lot longer than Dorsey. Fuck him

Buy your real estate now. Buy your crypto now. And the next best hedge vs inflation is your ability to earn a new dollar, so keep your skills sharp.

What does Econ 101 say about the effects of faith, FDI inflows and outflows, depreciation, taxes, amortization, investment, and savings playing a multi temporal framework?

 

[ChicagoFats]

What does Econ 101 say about the effects of faith, FDI inflows and outflows, depreciation, taxes, amortization, investment, and savings playing a multi temporal framework?

Thats past econ 101.

If we can't agree on 101, we don't need to move on the the higher classes

 

[BigBucnNole]

Thats past econ 101.

If we can't agree on 101, we don't need to move on the the higher classes

You saying no bearing on money supply and velocity?

 

[ChicagoFats]

You saying no bearing on money supply and velocity?

I’m saying you can’t print money and not have consequences.

On the most basic level you can’t create money and give it away and not have inflation. Thats exactly what we have done since ~2007. It’s not a political statement it’s an economic statement.

 

[BigBucnNole]

I’m saying you can’t print money and not have consequences.

On the most basic level you can’t create money and give it away and not have inflation. Thats exactly what we have done since ~2007. It’s not a political statement it’s an economic statement.

The thing is... the economy doesn't exist at the most basic level and there are such a thing as leakages and International events that throw a basic understanding out the window.

 

[ChicagoFats]

The thing is... the economy doesn't exist at the most basic level and there are such a thing as leakages and International events that throw a basic understanding out the window.

It may not be basic, but that doesn’t mean the basics don’t apply.

About to hit the golf course but I’ll provide a couple examples of what I’m thinking later today.

 

[Hoppo]

I’m saying you can’t print money and not have consequences.

On the most basic level you can’t create money and give it away and not have inflation. Thats exactly what we have done since ~2007. It’s not a political statement it’s an economic statement.

The one thing that kept us out of an inflationary spiral was energy production. Biden declared war on domestic energy, and here we are.

 

[America 1st]

The one thing that kept us out of an inflationary spiral was energy production. Biden declared war on domestic energy, and here we are.

I disagree about the inflationary spiral wholeheartedly but there is no debating that one of the principle tools in fighting inflation, that we are no doubt experiencing, is to produce more the products in the US economy.

The amount of dollars that industry could eat up with goods and services right now is just too good to be true which is why it will never happen. It would prove within months how broken Puddin’s policies are.