from Kerry Lutz’s Financial Survival Network
John Rubino is back for another weekly installment… Saudi oil terminal bombed, oil at $70. Rising inflation and rising commoditiy prices are happening now. YCC can it work and what are the unintended consequences. Let’s see what happens to yield curve control when the inflation rate kicks up like it’s doing now? NFTs are using blockchain to create a digital asset: Non-fungible token. Jack Dorsey is turning the first Tweet into a NFT. Labron James dunk video sold for $200,000. Banksey painting! Burned and turned into NFT… $90,000 becomes $400,000. There are too damn many dollars sloshing around! Normal stuff doesn’t exist any more.
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