How are we feeling about Balaji’s prediction?

Midwest mom in a California dad bod || Ruthlessly pro Farcaster

i love Balaji

but US literally has never experienced hyperinflation

this would be unprecedented — and i don't think that we are in unprecedented times yet

maybe his definition of hyperinflation differs from the commonly accepted 50% per month

i don't see US printing twice as many dollars as is already printed

cto @ bwl.gg (lunchbreak.com), 80M+ users (bdut.ch) 🙏 built @remindme, @mintit, @gpt, @healthbot, farcantasy.xyz

you seem to have confused speed of printing with with total amount printed overall, inflation is calculated from the later

for inflation to get to 50% US will need to print as many dollars as there are right now

we are nowhere close to these levels, no matter the speed of printer

Apr 2020: money supply 4x'ed in a single month

this is how fast it can happen

https://fred.stlouisfed.org/series/M1SL

Yeah him not setting the definition of hyperinflation is a big issue