Yes he is, but his comment actually runs contrary to his station in the system, giving it a smidge more credibility. It was a quick comment in response to questions related to crypto and precious metals. Maybe he was aiming to boost sales in those spaces, I don't know, but the truth stands immutable, printing money serves only to dilute …
Yes he is, but his comment actually runs contrary to his station in the system, giving it a smidge more credibility. It was a quick comment in response to questions related to crypto and precious metals. Maybe he was aiming to boost sales in those spaces, I don't know, but the truth stands immutable, printing money serves only to dilute the value of the currency, causing inflation in assets (eg stocks, commodities, or real-estate), or consumer prices (consumable and durable goods).
Yes he is, but his comment actually runs contrary to his station in the system, giving it a smidge more credibility. It was a quick comment in response to questions related to crypto and precious metals. Maybe he was aiming to boost sales in those spaces, I don't know, but the truth stands immutable, printing money serves only to dilute the value of the currency, causing inflation in assets (eg stocks, commodities, or real-estate), or consumer prices (consumable and durable goods).