Well, Pomp, I just think you're wrong. We will have inflation return in a big way when Warsh lowers rates. The entire fiat debasement thesis that your Bitcoin position rests on is dependent on government overspending, excessive disregard for the status of the dollar, and true negligence in fiscal planning. If you think inflation will just go away, then I believe 2027-2028 will have a surprise in store for you. Rates will drop. They will print. Speculation will run rampant. Prices for goods will continue to rise. Prices at the grocery store and for rent have never recovered since 2020 COVID debacle. I wouldn't be betting against inflation when the only way out for global governments is inflationary regimes. Good narrative though.
Anthony Pompliano
@APompliano
Inflation is a non-issue for the foreseeable future because three deflationary forces are swallowing the US economy:
1. Tariffs
2. Artificial intelligence
3. Robotics
There is a strong chance people ask the government to print more money and drop interest rates much further.
Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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