But, in Sri Lanka, do you guys know what happened in Sri Lanka this weekend? Yes, I'm going to videos, craziest, great time. I when you search it and you know what, caused the riots, where they deposed the entire government, what was the breaking point? It was well, they're running 60 percent 70 percent inflation that they if the government admits admits 70 percent inflation, that means it's probably double right? Start start from that. But here's that, here's the breaking point. The government put out, an edict saying that private citizens are not allowed to buy gasoline. That's
how they're going to do.
If you want to crash an economy. How do you do it? Well, you lock down the economy, right? Put everybody under home arrest and that will crash in economy. But the other way to crash an economy is I just tell you, you're not allowed to drive a car, they can't go anywhere and you can't do anything.
So I mean, it's, I'm sure that someone that can with the idea thought it was prudent. But of course, at the end of the day, if you print so much money, I think they were also modern monetary theorists, and they had the idea you could print money. You you cannot the people that think you can print money or the people that don't understand conservation of energy. Right, you can eat. You can't print infinite money. If you have finite energy, right? The price of everything, you know, escalates exponentially and it's pretty obvious that in this case. If if we, as if we shut down the economy, if I want to crash the economy, I cut out put in half by telling people, they can't work, they shouldn't work and they should be afraid to work, right, or I don't let them work. then I close off the borders right by shutting down the Shipping Lines, raising tariffs, and shutting down all the Air transport and then I double the money supply Okay. So what I've done is, I've just basically double the money supply, cut the output in half, prices, have to go up by a factor of four, and then I deny that they've gone up by a factor of 4, and then stuff starts breaking
My (expletive) question. Oh (expletive) gun from question related to that was so you're seeing for example, the Sri Lanka, examples
are great Linda
said a use case answer Bitcoin but the idea that you're seeing these things happen and and you're mad at,
you two, use cases. If you live in Sri Lanka and you had money in a bank, you've lost it all your rooms at all. And if you have money and property in Sri Lanka, it's kind of hard to rent your property or Airbnb, it out when the government makes it a illegal for Show up. So,
what is it? That is a good example. Yeah. It's how
you avoid starving to death if you live in a, in a economy, that is mismanaged.
Michael Saylor on the Sri Lanka Riots: If the Government Admits 70% Inflation, It's Likely Double
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