A massive deflationary bust is coming as the Fed is about to drive the M2 Money Supply (YoY) negative with its aggressive Quantitative Tightening program. While Burry points out that rising money velocity can offset the decline in money supply like the 1970s, it appears that Burry could be completely wrong. At the current rate of tightening, central bankers are going to cause a massive deflationary bust.
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