Beautiful Virgin Islands

Wednesday, Oct 08, 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
France: Less Than a Month After His Appointment, the New French Prime Minister Resigns
Hungarian Prime Minister Viktor Orbán stated that Hungary will not adopt the euro because the European Union is falling apart.
Sarah Mullally Becomes First Woman Appointed Archbishop of Canterbury
Mayor in western Germany in intensive care after stabbing
Australian government pays Deloitte nearly half a million dollars for a report built on fabricated quotes, fake citations, and AI-generated nonsense.
US Prosecutors Gained Legal Approval to Hack Telegram Servers
Macron Faces Intensifying Pressure to Resign or Trigger New Elections Amid France’s Political Turmoil
Standard Chartered Names Roberto Hoornweg as Sole Head of Corporate & Investment Banking
UK Asylum Housing Firm Faces Backlash Over £187 Million Profits and Poor Living Conditions
UK Police Crack Major Gang in Smuggling of up to 40,000 Stolen Phones to China
BYD’s UK Sales Soar Nearly Nine-Fold, Making Britain Its Biggest Market Outside China
Trump Proposes Farm Bailout from Tariff Revenues Amid Backlash from Other Industries
FIFA Accuses Malaysia of Forging Citizenship Documents, Suspends Seven Footballers
Latvia to Bar Tourist and Occasional Buses to Russia and Belarus Until 2026
A Dollar Coin Featuring Trump’s Portrait Expected to Be Issued Next Year
Australia Orders X to Block Murder Videos, Citing Online Safety and Public Exposure
Three Scientists Awarded Nobel Prize in Medicine for Discovery of Immune Self-Tolerance Mechanism
OpenAI and AMD Forge Landmark AI-Chip Alliance with Equity Option
Munich Airport Reopens After Second Drone Shutdown
France Names New Government Amid Political Crisis
Trump Stands Firm in Shutdown Showdown and Declares War on Drug Cartels — Turning Crisis into Opportunity
Surge of U.S. Billionaires Transforms London’s Peninsula Apartments into Ultra-Luxury Stronghold
Pro Europe and Anti-War Babiš Poised to Return to Power After Czech Parliamentary Vote
Jeff Bezos Calls AI Surge a ‘Good’ Bubble, Urges Focus on Lasting Innovation
Japan’s Ruling Party Chooses Sanae Takaichi, Clearing Path to First Female Prime Minister
Sean ‘Diddy’ Combs Sentenced to Fifty Months in Prison Following Prostitution Conviction
Taylor Swift’s ‘Showgirl’ Launch Extends Billion-Dollar Empire
Trump Administration Launches “TrumpRx” Plan to Enable Direct Drug Sales at Deep Discounts
Trump Announces Intention to Impose 100 Percent Tariff on Foreign-Made Films
Altman Says GPT-5 Already Outpaces Him, Warns AI Could Automate 40% of Work
Singapore and Hong Kong Vie to Dominate Asia’s Rising Gold Trade
Trump Organization Teams with Saudi Developer on $1 Billion Trump Plaza in Jeddah
Manhattan Sees Surge in Office-to-Housing Conversions, Highest Since 2008
Switzerland and U.S. Issue Joint Assurance Against Currency Manipulation
Electronic Arts to Be Taken Private in Historic $55 Billion Buyout
Thomas Jacob Sanford Named as Suspect in Deadly Michigan Church Shooting and Arson
Russian Research Vessel 'Yantar' Tracked Mapping Europe’s Subsea Cables, Raising Security Alarms
New York Man Arrested After On-Air Confession to 2017 Parents’ Murders
U.S. Defense Chief Orders Sudden Summit of Hundreds of Generals and Admirals
Global Cruise Industry Posts Dramatic Comeback with 34.6 Million Passengers in 2024
Trump Claims FBI Planted 274 Agents at Capitol Riot, Citing Unverified Reports
India: Internet Suspended in Bareilly Amid Communal Clashes Between Muslims and Hindus
Supreme Court Extends Freeze on Nearly $5 Billion in U.S. Foreign Aid at Trump’s Request
Archaeologists Recover Statues and Temples from 2,000-Year-Old Sunken City off Alexandria
China Deploys 2,000 Workers to Spain to Build Major EV Battery Factory, Raising European Dependence
Speed Takes Over: How Drive-Through Coffee Chains Are Rewriting U.S. Coffee Culture
U.S. Demands Brussels Scrutinize Digital Rules to Prevent Bias Against American Tech
Ringo Starr Champions Enduring Beatles Legacy While Debuting Las Vegas Art Show
Private Equity’s Fundraising Surge Triggers Concern of European Market Shake-Out
Colombian President Petro Vows to Mobilize Volunteers for Gaza and Joins List of Fighters
×