ilmscore | Prediction Details
"a central bank digital currency that competes with this Petro dollar system has the effect of shrinking this balloon's exit valve potentially to a subatomic level to a tiny level which means if this balloon represents inflation it will take this balloon a lot longer to deflate back down to original size that just means inflation will stay around a lot longer than we want it to"
By Andrei Jikh | June 17, 2024 | Pending
From video
After Ditching the Dollar - Saudi Arabia Joins mBridge (Central Bank Digital Currency) 00:14:15 - 00:14:42
Interpreted Prediction
The introduction of CBDCs competing with the Petro dollar system could shrink the US dollar's ability to deflate inflation, leading to prolonged periods of higher inflation.

Prediction Details

Topic
Inflation

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