The road to hyperinflation is paved with government spending bills passed by feckless politicians who refused to take the hard medicine.
The road to hyperinflation is paved with government spending bills passed by feckless politicians who refused to take the hard medicine. Even worse, when inflation begins to accelerate and it becomes clear that the governments and central banks have lost control, the governments turn to gaslighting and overt censorship in an attempt to maintain their control over the narrative.
Follow Peter on Twitter
Check out profstonge.com
0:00 - Intro
6:46 - Bitcoin banning attempts and govt incompetence
15:12 - EVs
17:23 - Treasury auction and hyperinflation events
33:08 - Sovereign debt
37:15 - Swiss banks liquidity crisis
42:44 - The internet is bank run jet fuel
46:29 - Milei and dollarization of Argentina
50:04 - Fiat is always doomed
53:36 - “Far right” labels
1:00:16 - 2024 election
1:03:39 - The stakes are real
1:09:14 - White pill
