Any way back to topic...
The topic was about the imaginary $200 for the barrel of oil that will bankrupt Europe, in case you've forgotten your first phrase of the starting topic.
And I've already shown you the two scenarios that in theory cold boost the price there as well as why they will fail, a thing that you miraculously again avoided, since it doesn't fit your we're all doom and Iran is a global superpower scenario!
Btw, what happened to the oil price lately?
I have no idea why you think inflation (something we have had ever since modern society was created and paper money was created) means going hungry or having to choose between bread and investment
You're underestimating the poverty levels in the world always and you forget that bitcoin as much as you hate it is a commodity that is basically traded in dollars.
For a guy that lives with 30000 rubles and managed to put aide 8 000 inflation at 20% will munch 5000 of them and the exchange rate will further drop his investments from $130 to $20. Now, do this for somebody who only managed to put 5% aside, they will not be able to invest, they will have to sell to survive.
With everything that is basic for living everywhere in the world the amount of money people afford to invest is going down the drain while the amount of money they have to pull from under the sofa is growing. Common, use logic!
That may be but you haven't given me any reason to believe otherwise!
Do I honestly have to put a printscreen for the bitcoin price chart since the first jump in inflation in the US in Europe?
The first jump happened in February 2021 and the second in November...how did the price fare from February 2021?
Where is that buying power-driven by millions seeking refuge from inflation?