Jack Dorsey predicted global hyperinflation

Recently, Twitter and Square co-founder Jack Dorsey wrote a message in which he expressed his belief that the global economy will collapse in the very near future.

Dorsey analyzed the increase in retail prices for major groups of goods in the United States and stated that inflation is close to a historical maximum over the past 30 years.

It can already be stated that last year’s launch of the printing press is a financial nuclear bomb. An additional emission of $120 billion monthly will ultimately lead to hyperinflation, which will bury the country's economy. Next, like a house of cards, will fall the economies of countries that depend on the dollar.

“Hyperinflation will change everything. It’s already happening,” wrote the financier and crypto advocate.

We can be skeptical about the vanguard Dorsey.

But the same opinion is shared by millionaire, philanthropist and hedge fund manager Paul Tudor Jones. In his interview with a CNBC correspondent, he called for preparing for prolonged inflation and added that he was purchasing Bitcoin because he saw it as the only reliable insurance in difficult times.

Chairman of the US Federal Reserve Jerome Powell also spoke less categorically, but unequivocally. He said that the country's Central Bank would be forced to abandon the additional issue of money because it led to negative consequences. Therefore, dollar inflation, in his opinion, will continue in 2022.

If these predictions are correct, then an increase in the BTC rate is inevitable.