#429: Is The Inflation Problem Really Solved? with Luke Gromen
TFTC: A Bitcoin Podcast
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The Overlay to the Credit Crunch
The Permian is getting very peaky and in terms of oil production. And whether that happens later this year, early next year, we're getting into a situation where you could have this credit crunch in the financialized world while oil is going 70, 75, 80, 85. The overlay on top of that that is just not being discussed by virtually anybody is what happens if we get a credit crunch and oil goes back to 100? That's a really, really ugly environment because there's bonds get killed, tech gets killed, stocks get killed, real estate gets killed, sort of everything but the dollar gets killed. But I think actually gold probably does really well in that environment too
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