Jack Dorsey says ‘hyperinflation’ will happen soon

Not taking anything away from him, smart dude with what he does, but which school did he get his PHD in economics from again?
Did they get Madonna's opinion for that article too btw?
What Banksy say?
I'm gonna stay on the fence for now, at least till we hear from Zuckerburg.
That, or the guy that started Chewy and bought GME.
:rolleyes: :banghead:

or Dozu :D
 
Some say hyperinflation will occur soon while some say it is less likely to happen. Whatever be the case, one should consider using inflation hedging strategies to reduce the impact of inflation.
 
so now we take this guy serious?

Not that I disagree completely (inflation is a result of printing), but I'm sure his kind had no trouble greasing palms to pass the CARES act and related bailouts.

Why did you bring up CARES? You think the world would have been fine if there wasn't massive global stim regardless of who benefits the most?
 
I am aware.
So bearing that in mind, why would Dorsey be any friggin' different?
He's in tune with something we're not?

Dorsey isn't any different. Why we think that people have an expertise on something way outside of their area simply because they are famous or have done well in a totally different area, is beyond me. But we do it all the time.

Somehow actors can provide great advice in politics (they can't), or social media tech folks know the economy (they don't).

Leveraging fame doesn't leverage knowledge or wisdom.
 

Yeah right, she's clever....

Cathie Wood Sells $66 Million of Tesla Shares, Adds Robinhood
By Thyagaraju Adinarayan 15 September 2021 https://www.bloomberg.com/news/arti...lls-66-million-of-tesla-shares-adds-robinhood
  • Wood has unloaded $200 million of Tesla so far this month
  • Adds $10 million to Robinhood as stock trades 43% below peak
Cathie Wood’s exchange-traded funds sold $66 million of Tesla Inc. shares Tuesday and picked up more Robinhood Markets Inc. as the retail broker’s dismal stock market performance continues.
 
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