Inflation Surges Higher — The Fed is Now Trapped

"due to the toll in the straight of Hormuz oil is going to become more expensive and that's that cost the additional cost it's going to be passed down to consumers you know making energy prices more expensive"

"I expect an acceleration of money printing. And that's going to lead to more devaluing of the dollar, more inflation, and of course, more wealth inequality."

"I do not expect energy prices to quickly return back to how it was back in February."

"the energy infrastructure in the Gulf has been damaged and those damages they cannot be repaired very quickly which means that there's going to be a less supply of oil"

"if we have higher diesel fuel prices, then it's going to cost more money to farm, to mine resources, to ship, to make products, to also deliver. And of course, that's going to accelerate the rate of inflation."

"I also said that we'll see an acceleration of inflation in 2026 with the brunt of it occurring in the back half of 2026 and 2027."

"it is my prediction that sooner or later they're going to they're going to have to accelerate the money printing because again, we cannot afford a recession. We cannot have liquidity problems. Like it doesn't work in our debt bubble environment."