Beautiful Virgin Islands

Thursday, Oct 30, 2025

Twitter’s Dorsey warns of surging inflation after his platform ‘mistakenly’ censors GOP lawmaker’s video about… inflation

Twitter’s Dorsey warns of surging inflation after his platform ‘mistakenly’ censors GOP lawmaker’s video about… inflation

Jack Dorsey may have to censor himself after the Twitter CEO tweeted that hyperinflation will soon grip the US and global economies. The observation, which does not align with the mainstream media narrative, drew pushback online.

“Hyperinflation is going to change everything,” Dorsey said on Friday night. “It’s happening.” When Nigerian businessman Tayo Oviosu – who, like Dorsey, is a cryptocurrency enthusiast – noted that inflation is already soaring at a 16% annual rate in his country, the Twitter co-founder replied, “It will happen in the US soon, and so the world.”


Such predictions might appear to be within the realm of possibility, given that the US consumer price index is already rising at a 5.4% annual rate and the nation’s money supply is ballooning. In fact, as the Wall Street Journal reported earlier this week, the so-called M2 money supply, or the total volume of money held by the public, jumped nearly 36% between the end of 2019 and August 2021. It’s been rising at the fastest pace in nearly 80 years.

However, the take prompted a stinging rebuke from MSNBC host Chris Hayes, who suggested that Dorsey’s tweet may have been driven at least partly by his cryptocurrency investments.


Hayes went as far as to equate talk of hyperinflation to promoting an anti-parasitic drug for treating Covid-19 patients.


“Ideologically it's roughly the equivalent of tweeting about Ivermectin,” Hayes tweeted.

CNN and other media outlets have gone to war against ivermectin, labeling it “horse paste.” Social media platforms have flagged claims about the drug’s potential Covid-19 applications as misinformation.

Others have simply dismissed Dorsey’s warning, arguing that the tech magnate was out of his depth.

Investment trader Christopher Inks, founder of TexasWest Capital, argued that Dorsey’s prediction was off base. “It’s not happening,” Inks tweeted. “This tweet is based on a clear misunderstanding of how the Fed and... inflation actually work. Love what you do otherwise, but this appears to be outside your wheelhouse.”


Another commenter said hyperinflation would mean a currency collapse, adding, “Be careful what you wish for.” Dorsey replied, “Not a wish – nor do I think positive at all.”


Dorsey’s tweet has racked up over 66,000 likes and more than 20,000 retweets since it was posted on Friday. In the past, however, the platform faced accusations of censoring similar opinions.

Back in July, an inflation video posted by US House minority leader Kevin McCarthy (R-California) was deemed “sensitive content” by Twitter’s censorship police, who throttled back its potential exposure by slapping it with a warning label.


The video showed a mother performing daily tasks and listed the rising costs of such items as diapers and coffee. It ended by blaming President Joe Biden and House Speaker Nancy Pelosi for rising inflation, saying they are “making life more expensive.”

A Twitter spokesman subsequently told The Federalist that the platform marked the tweet as sensitive “in error.”

The Biden administration and the US Federal Reserve have tried to downplay rising prices, arguing that escalating inflation is “transitory.” Legacy media outlets have joined in the effort to dismiss the concerns. Such outlets as The Financial Times and Vox have called inflation fears “overblown,” while Bloomberg labeled the recent trend a “stimulus-led outlier.”

Hyperinflation could be economically devastating, as it’s typically defined as out-of-control inflation in which consumer prices surge at a rate of more than 50% monthly. Like precious metals, cryptocurrency is touted as a hedge against high inflation because it’s not vulnerable to excessive government spending and increasing money supplies.

Inflation may become an increasingly taboo topic if it continues to accelerate. Bitcoin proponent Balaji Srinivasan noted that in inflation crises, governments tend to block the public from price data. “Twitter should prepare for the moment when it must fact-check the establishment on inflation,” he said.


Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
UK and Vietnam Sign Landmark Migration Deal to Fast-Track Returns of Irregular Arrivals
UK Drug-Pricing Overhaul Essential for Life-Sciences Ambition, Says GSK Chief
Princesses Beatrice and Eugenie Temporarily Leave the UK Amid Their Parents’ Royal Fallout
UK Weighs Early End to Oil and Gas Windfall Tax as Reeves Seeks Investment Commitments
UK Retail Inflation Slows as Shop Prices Fall for First Time Since Spring
Next Raises Full-Year Profit Guidance After Strong Third-Quarter Performance
Reform UK’s Lee Anderson Admits to 'Gaming' Benefits System While Advocating Crackdown
United States and South Korea Conclude Major Trade Accord Worth $350 Billion
Hurricane Melissa Strikes Cuba After Devastating Jamaica With Record Winds
Vice President Vance to Headline Turning Point USA Campus Event at Ole Miss
U.S. Targets Maritime Narco-Routes While Border Pressure to Mexico Remains Limited
Bill Gates at 70: “I Have a Real Fear of Artificial Intelligence – and Also Regret”
Elon Musk Unveils Grokipedia: An AI-Driven Alternative to Wikipedia
Saudi Arabia Unveils Vision for First-Ever "Sky Stadium" Suspended Over Desert Floor
Amazon Announces 14 000 Corporate Job Cuts as AI Investment Accelerates
UK Shop Prices Fall for First Time Since March, Food Leads the Decline
London Stock Exchange Group ADR (LNSTY) Earns Zacks Rank #1 Upgrade on Rising Earnings Outlook
Soap legend Tony Adams, long-time star of Crossroads, dies at 84
Rachel Reeves Signals Tax Increases Ahead of November Budget Amid £20-50 Billion Fiscal Gap
NatWest Past Gains of 314% Spotlight Opportunity — But Some Key Risks Remain
UK Launches ‘Golden Age’ of Nuclear with £38 Billion Sizewell C Approval
UK Announces £1.08 Billion Budget for Offshore Wind Auction to Boost 2030 Capacity
UK Seeks Steel Alliance with EU and US to Counter China’s Over-Capacity
UK Struggles to Balance China as Both Strategic Threat and Valued Trading Partner
Argentina’s Markets Surge as Milei’s Party Secures Major Win
British Journalist Sami Hamdi Detained by U.S. Authorities After Visa Revocation Amid Israel-Gaza Commentary
King Charles Unveils UK’s First LGBT+ Armed Forces Memorial at National Memorial Arboretum
At ninety-two and re-elected: Paul Biya secures eighth term in Cameroon amid unrest
Racist Incidents Against UK Nurses Surge by 55%
UK Chancellor Rachel Reeves Cites Shared Concerns With Trump Administration as Foundation for Early US-UK Trade Deal
Essentra plc: A Closer Look at a UK ‘Penny Stock’ Opportunity Amid Market Weakness
U.S. and China Near Deal to Avert Rare-Earth Export Controls Ahead of Trump-Xi Summit
Justin time: Justin Herbert Shields Madison Beer with Impressive Reflex at Lakers Game
Russia’s President Putin Declares Burevestnik Nuclear Cruise Missile Ready for Deployment
Giuffre’s Memoir Alleges Maxwell Claimed Sexual Act with Clooney
House Republicans Move to Strip NYC Mayoral Front-Runner Zohran Mamdani of U.S. Citizenship
Record-High Spoiled Ballots Signal Voter Discontent in Ireland’s 2025 Presidential Election
Philippines’ Taal Volcano Erupts Overnight with 2.4 km Ash Plume
Albania’s Virtual AI 'Minister' Diella Set to 'Birth' Eighty-Three Digital Assistants for MPs
Tesla Unveils Vision for Optimus V3 as ‘Biggest Product of All Time’, Including Surgical Capabilities
Francis Ford Coppola Auctions Luxury Watches After Self-Financed Film Flop
Convicted Sex Offender Mistakenly Freed by UK Prison Service Arrested in London
United States and China Begin Constructive Trade Negotiations Ahead of Trump–Xi Summit
U.S. Treasury Sanctions Colombia’s President Gustavo Petro over Drug-Trafficking Allegations
Miss USA Crowns Nebraska’s Audrey Eckert Amid Leadership Overhaul
‘I Am Not Done’: Kamala Harris Signals Possible 2028 White House Run
NBA Faces Integrity Crisis After Mass Arrests in Gambling Scandal
Swift Heist at the Louvre Sees Eight French Crown Jewels Stolen in Under Seven Minutes
U.S. Halts Trade Talks with Canada After Ontario Ad Using Reagan Voice Triggers Diplomatic Fallout
Microsoft AI CEO: ‘We’re making an AI that you can trust your kids to use’ — but can Microsoft rebuild its own trust before fixing the industry’s?
×