jakewoodhouse on Nostr: "Are we going into a superinflationary environment? Are we about to see, as Larry ...
"Are we going into a superinflationary environment? Are we about to see, as Larry Lepard calls it, ‘The Big Print?’ The amount of money that's about to get printed by the Federal Reserve is mind-bogglingly big compared to what was done before.
It's kind of like a heroin addict, right? You try a little bit — oh, that felt good. Try a little bit more — oh, that felt really good. Before you know it, you're getting the biggest hits you've ever had and you're completely addicted. And that's what modern monetary theory essentially is. It's like they are a crack addict just feeding, feeding, feeding, and each time they need a bigger and bigger hit to make the system function.”
Jake Woodhouse / Ep.26 / 14:11
Published at
2025-03-23 09:23:18Event JSON
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