Get on the Waiting List For our No.1 Stock Suggestion!

    “Hyperinflation is going to change everything. It’s happening.” This was Twitter and Square CEO Jack Dorsey’s tweet that sparked a debate, while reminding us that the “transitory inflation” narrative has completely broken down.

    That posting garnered 77,000 likes and 18,000 re-tweets before the end of October. In a separate follow-up tweet, Dorsey added that “It will happen in the US soon, and so the world.”

    Dorsey’s a smart man, at least when it comes to building tech businesses. But then, you could say the same thing about Bill Gates, who last year decided he’s also an expert on pandemics and vaccine distribution.

    So now, Jack Dorsey is a self-appointed expert on monetary policy. The problem of living in the Twitter age – which ironically enough, Dorsey helped to create – is that everybody gets to vent their immediate, unfiltered thoughts to an audience, and everybody’s an expert at everything all of a sudden.

    An additional problem is that Twitter promotes disconnected, undeveloped reasoning in bursts of 280 characters or fewer. Dorsey’s two hyperinflation tweets are perfect examples of this problem, as they’re accompanied by no elaboration or explanation.

    How does Jack define hyperinflation? What’s his evidence that we’ll actually get there? These questions are left unanswered, and I suspect it’s because Dorsey didn’t think through his messages before publishing them.

    Courtesy: @tradingview

    Not that hyperinflation isn’t a possibility – I’m certainly not denying that. 70 years of CPI data, displayed by the TradingView chart above, make the case that U.S. dollar devaluation is indeed getting out of control.

    Alternatively, you can just look at your bills to confirm the steep increase of the prices of just about everything: gasoline, utilities, food, household goods, lumber and other home improvement supplies, you name it.

    Plus, you can check with the same Federal Reserve Chairman who started the “transitory inflation” narrative in the first place.

    Coincidentally or not, on the same day that Dorsey warned of hyperinflation, Jerome Powell admitted that inflation pressures “are likely to last longer than previously expected,” and projected that they could run “well into next year.”

    93% Of Investors Generate Annual Returns, Which Barely Beat Inflation.

    Wealth Education and Investment Principles Are Hidden From Public Database On Purpose!

    Build The Knowledge Base To Set Yourself Up For A Wealthy Retirement and Leverage The Relationships We Are Forming With Proven Small-Cap Management Teams To Hit Grand-Slams!

      Meanwhile, Bill Ackman is begging the Fed to raise interest rates immediately as inflation is moving from “runaway” into “galloping” territory, as “the annualized pace of growth across several key inflation measures, including wage inflation, has remained elevated in the mid to high-single-digit range, considerably in excess of the Federal Reserve’s long-term target of 2%.”

      But of course, the Fed won’t start hiking bond yields – not immediately, and not even next year. They’d much rather let the American middle-class consumer suffer than incur the wrath of their wealthy, stock-holding friends on Wall Street.

      Courtesy: schiffgold.com

      Besides, the Fed’s the one that perpetuated this problem in the first place. By ramping up the M2 money supply – which just exhibited the highest month-over-month growth since February – they’ve effectively turned our dollars into confetti.

      At least in March of 2020, the Covid-19 pandemic gave them an excuse to print up dollars at a breakneck speed. What’s their excuse now, though?

      One good thing that resulted from Dorsey’s tweets was that it spurred discussion. Here’s where it gets interesting, though: many of the replies to Jack’s hyperinflation tweets promoted Bitcoin, while relatively few of them mentioned gold or silver.

      Bitcoin is certainly a viable inflation hedge, but let’s not dismiss precious metals’ history of value protection, which dates back for millennia.

      So, is Jack Dorsey right about hyperinflation? The charts posted above speak for themselves, and a picture is definitely worth a thousand words – and certainly beats 280 characters.

      Governments Have Amassed ungodly Debt Piles and Have Promised Retirees Unreasonable Amounts of Entitlements, Not In Line with Income Tax Collections. The House of Cards Is Set To Be Worse than 2008! Rising Interest Rates Can Topple The Fiat Monetary Structure, Leaving Investors with Less Than Half of Their Equity Intact!

      Protect Yourself Now, By Building A Fully-Hedged Financial Fortress!

        Disclaimer/Disclosure:
        Legal Notice: No matter how good an investment sounds, and no mater who is selling it, make sure you’re dealing with a registered investment professional. Use the free, simple search at investor.gov

        We are not brokers, investment or financial advisers, and you should not rely on the information herein as investment advice. We are a marketing company. If you are seeking personal investment advice, please contact a qualified and registered broker, investment adviser or financial adviser. You should not make any investment decisions based on our communications. Our stock profiles are intended to highlight certain companies for YOUR further investigation; they are NOT recommendations. The securities issued by the companies we profile should be considered high risk and, if you do invest, you may lose your entire investment. Please do your own research before investing, including reading the companies’ SEC filings, press releases, and risk disclosures. Information contained in this profile was provided by the company, extracted from SEC filings, company websites, and other publicly available sources. We believe the sources and information are accurate and reliable but we cannot guarantee it.

        Please read our full disclaimer at CrushTheStreet.com/disclaimer