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Zoltan Poszar: “Low Inflation Is Over And We’re Not Going Back”ingoldwetrust.report/wp-content/uploads/2023/05/IGWT-23-Exclusive-Interview-with-Zoltan-Pozsar-Adapting-to-the-New-World-Order.pdf
615 sats \ 3 comments \ @kr 8 Jul 2023 bitcoin
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52 sats \ 0 replies \ @elvismercury 8 Jul 2023
Holy crap, just got to the end, I assumed he wasn't going to talk about btc. But here:
I’m keenly aware now that everything that I have been writing about and saying in terms of the changing monetary order and commodities and energy and money and gold, is smack in line with the Bitcoin thesis.
And:
I also find it comical that central banks in the West are trying to do CBDCs because that’s how they want to take the wind out of Bitcoin’s sails or something. I guess they don’t get it that the people that buy Bitcoin don’t buy it because it’s digital, they buy it because it’s outside of state control and it cannot be printed
Looks like his views are evolving. Will be v interesting to read him going forward.
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0 sats \ 0 replies \ @Undergotten 12 Jul 2023
I just can't take this guy seriously after the first sentence. Yuan is going to challenge the dollar? Gtfo of here. Is he serious? Sea shells are worth more.
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0 sats \ 0 replies \ @elvismercury 8 Jul 2023
Good article. Choice quote:
What I usually answer to that is: Babies are not born walking and talking and trading interest rates; it’s a 20-year journey. They are born and then they stumble around; then they formulate sentences; then they make their case and decide what they want to do in life, and then they do it in life. Then they have a midlife crisis.
The dollar has gone through all of that. After the Second World War, when we read the history books, it became the reserve currency, but it was still a journey to get there.
I'm not one of the people who believes that hyperbitcoinization will happen; but I do believe btc has a chance to become an important monetary good that serves to anchor the financial environments of nation states -- to keep them honest, from a certain point of view.
If that's true, what are the steps on the road to that destination? What journey does btc have to eventually undergo? Is all this ETF stuff an important stop along the way?
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