Michael Burry warns of Weimar hyperinflation
Repost from 3-1-2021
“Then overnight none other than the Big Short, Michael Burry, who has been rather busy making waves within the financial community with his hot takes (most recently, his slam of Robinhood and his bullish view on Uranium), picked up on the theme of Weimar Germany and specifically its hyperinflation, as the blueprint for what comes next in a lengthy tweetstorm cribbing generously from Parsson’s seminal work.”
USAGOLD note: Burry of Big Short fame says “People say I didn’t warn last time. I did, but no one listened. So I warn this time. And still, no one listens.” Does hyperinflation make the dollar the ultimate BIG SHORT? By the way, in this piece, we learn that Bank of America’s Michael Hartnett, their chief investment officer, also believes hyperinflation a possibility.