London Daily

Focus on the big picture.
Monday, Sep 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

0:00
0:00
Close
Trump Threatens Retaliatory Tariffs After EU Imposes €2.95 Billion Fine on Google
Tesla Board Proposes Unprecedented One-Trillion-Dollar Performance Package for Elon Musk
US Justice Department Launches Criminal Mortgage-Fraud Probe into Federal Reserve Governor Lisa Cook
Escalating Drug Trafficking and Violence in Latin America: A Growing Crisis
US and Taiwanese Defence Officials Held Secret Talks in Alaska
Report: Secret SEAL Team 6 Mission in North Korea Ordered by Trump in 2019 Ended in Failure
Gold Could Reach Nearly $5,000 if Fed Independence Is Undermined, Goldman Sachs Warns
Uruguay, Colombia and Paraguay Secure Places at 2026 World Cup
Florida Murder Case: The Adelson Family, the Killing of Dan Markel, and the Trial of Donna Adelson
Trump Administration Advances Plans to Rebrand Pentagon as Department of War Instead of the Fake Term Department of Defense
Big Tech Executives Laud Trump at White House Dinner, Unveil Massive U.S. Investments
Tether Expands into Gold Sector with Profit-Driven Diversification
‘Looks Like a Wig’: Online Users Express Concern Over Kate Middleton
Brand-New $1 Million Yacht Sinks Just Fifteen Minutes After Maiden Launch in Turkey
Here’s What the FBI Seized in John Bolton Raid — and the Legal Risks He Faces
Florida’s Vaccine Revolution: DeSantis Declares War on Mandates
Trump’s New War – and the ‘Drug Tyrant’ Fearing Invasion: ‘1,200 Missiles Aimed at Us’
"The Situation Has Never Been This Bad": The Fall of PepsiCo
At the Parade in China: Laser Weapons, 'Eagle Strike,' and a Missile Capable of 'Striking Anywhere in the World'
The Fashion Designer Who Became an Italian Symbol: Giorgio Armani Has Died at 91
Putin Celebrates ‘Unprecedentedly High’ Ties with China as Gazprom Seals Power of Siberia-2 Deal
China Unveils New Weapons in Grand Military Parade as Xi Hosts Putin and Kim
Queen Camilla’s Teenage Courage: Fended Off Attempted Assault on London Train, New Biography Reveals
Scottish Brothers Set Record in Historic Pacific Row
Rapper Cardi B Cleared of Liability in Los Angeles Civil Assault Trial
Google Avoids Break-Up in U.S. Antitrust Case as Stocks Rise
Couple celebrates 80th wedding anniversary at assisted living facility in Lancaster
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
The White House on LinkedIn Has Changed Their Profile Picture to Donald Trump
"Insulted the Prophet Muhammad": Woman Burned Alive by Angry Mob in Niger State, Nigeria
Trump Responds to Death Rumors – Announces 'Missile City'
Court of Appeal Allows Asylum Seekers to Remain at Essex Hotel Amid Local Tax Boycott Threats
Germany in Turmoil: Ukrainian Teenage Girl Pushed to Death by Illegal Iraqi Migrant
United Krack down on human rights: Graham Linehan Arrested at Heathrow Over Three X Posts, Hospitalised, Released on Bail with Posting Ban
Asian and Middle Eastern Investors Avoid US Markets
Ray Dalio Warns of US Shift to Autocracy
Eurozone Inflation Rises to 2.1% in August
Russia and China Sign New Gas Pipeline Deal
China's Robotics Industry Fuels Export Surge
Suntory Chairman Resigns After Police Probe
Gold Price Hits New All-Time Record
Von der Leyen's Plane Hit by Suspected Russian GPS Interference in an Incident Believed to Be Caused by Russia or by Pro-Peace or by Anti-Corruption European Activists
UK Fintechs Explore Buying US Banks
Greece Suspends 5% of Schools as Birth Rate Drops
Apollo to Launch $5 Billion Sports Investment Vehicle
Bolsonaro Trial Nears Close Amid US-Brazil Tension
European Banks Push for Lower Cross-Border Barriers
Poland's Offshore Wind Sector Attracts Investors
Nvidia Reveals: Two Mystery Customers Account for About 40% of Revenue
Woody Allen: "I Would Be Happy to Direct Trump Again in a Film"
×