He right about QE style increases, which I was talking about since December 2025.
But he is wrong about comparing it to Covid. You need to look at Total Assets. We are not even close to what they did to print us out of Covid. And we don't need that to keep rising substantially. The money printer is going brrrr continuously. And that is why you should be in assets.
Your money loses value every day. Act or be broke, when Global Depression hit us mid 2030s, when money printing and debt hit their peak.
The Fed is printing money to buy US Treasury bills... more than during Covid.
- Covid: ~$320B
- Last 9 months: ~$355B
Everyone is talking about the Fed hike... no one is talking about Warsh printing money Covid-style to buy UST bills.
At the same time, Bessent is issuing more UST bills to buy back US long-term debt.
In other words, the Treasury buyback is nothing else than QE in disguise.
We don't own enough hard assets for what's coming.