Why the current disinflationary trend sets up the medium-term need for massive stimulus which will fuel the next wave of inflation, just like in the 30s-40s and in the 70s
It’s pretty incredible how he saw this all coming. Even before the 2008 crisis (he must have been working on this for years before Oct 2008 whitepaper publishing).
And I think you’re right, Michael - now we get to watch this idea shepherd the world into a brighter future.
Possible, in my opinion. I think that’s a bit on the extreme side (in terms of speed more than anything), which is why I include the sensitivity analysis table. Even if hard money is a fraction of $115T, Bitcoin could be the big winner of the decade. Thanks for your support, Jonah/HHM!
What would be the conditions for them to print big? Will we have mass deflation so they print under the name of saving people and their buddies? Or will it be no deflation but WW3 happen and all central banks print simultaneously and we have double digits inflation and in a lot of countries hyperinflation?
Well done...easy to understand while framing the issues at had clearly....Very Compelling...
Thanks George! Appreciate it
Satoshi built bitcoin for times like these. He knew it was inevitable the cycle would repeat.
Nothing is more powerful than an idea whose time has come.
It’s pretty incredible how he saw this all coming. Even before the 2008 crisis (he must have been working on this for years before Oct 2008 whitepaper publishing).
And I think you’re right, Michael - now we get to watch this idea shepherd the world into a brighter future.
Are you saying 115t in global hard money during the decade?
Possible, in my opinion. I think that’s a bit on the extreme side (in terms of speed more than anything), which is why I include the sensitivity analysis table. Even if hard money is a fraction of $115T, Bitcoin could be the big winner of the decade. Thanks for your support, Jonah/HHM!
What would be the conditions for them to print big? Will we have mass deflation so they print under the name of saving people and their buddies? Or will it be no deflation but WW3 happen and all central banks print simultaneously and we have double digits inflation and in a lot of countries hyperinflation?