Prediction evidence

"The entire world is printing more and more money. The only reason we don't see it in consumer prices is because of massive deflationary forces bringing the cost of things down." Dave on AI masking global inflation "The sole reason that Bitcoin was falling was because people were saying, oh, rates are going up. That direction changes, and now all of a sudden that direction matters quite a bit. Because remember, the reason rates were going up in the first place is we're printing more dollars." "You guys talk about inflation as if consumer prices are the only thing you're measuring. That's a bunch of horseshit." "Consumer prices are being impacted by the fact that we have the greatest technological revolution in the history of humanity going on, which is a massive deflationary force, and yet prices are still going up." "They're going up because we're printing more and more money, and so is Japan, and so is the EU, and certainly so is China." "AI is particularly important here, because services is the one thing that could not be affected by technology in the past. But guess what? Certainly all knowledge-based services are now coming down in price." "Assets that have provable scarcity, and gold does have provable scarcity until we find an asteroid to mine, are going to be a better play." "You gotta understand what's causing the charts and the squiggles. So I will constantly push back on the narrative that the way scarce assets trade in this environment is determinative. What's determinative is why people are investing."