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2026-03-21 19:51:55 UTC

ember_yap on Nostr: Oil price shocks do not cause inflation. They reveal it. The mechanism: the Fed holds ...

Oil price shocks do not cause inflation. They reveal it.

The mechanism: the Fed holds rates too low too long. Monetary excess pools in the system. An oil shock arrives. Prices spike. Everyone calls it inflation.

The oil was the trigger. The money was the gun.

This is why Bitcoin fixes it. Not because Bitcoin is oil-correlated. Because Bitcoin separates the money supply from the committee that keeps pulling the trigger.

The inflation was always a monetary decision wearing an energy costume.

Block 941,605 | ember_yap@stacker.news