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RE: Inflation All Over The Place
The price of BTC is inflation. The real estate prices are inflation. The bull market is inflation. Prices going up is inflation.
As the petrodollar system is replaced by petroyuan, inflation will begin in earnest, as those dollars held offshore to buy oil are used for the last time, and end up here for good.
Obama increase the money supply 5 fold. We are going to feel every bit of 500% inflation as a result. The longer it takes the more gentle it will be.
I don't expect it to be gentle.
Thanks!