As we all know – or at least all of us that haven’t lived in a cave for the past decade-plus – social media has helped people share their opinions in a more-frequent, less-filtered fashion than ever before. While some tweets, posts, and shares are inappropriate and totally out-of-place; and most of them are standard, plain, flat-out boring posts containing unimportant things like pictures of users’ lunches; very little content on the World Wide Web’s countless social media networks is insightful and well-thought-out.
Although he isn’t the only social media user who has published quality content, Shervin Pishevar is one of the brightest minds in financial services; much to the satisfaction of followers of the greater financial market, Mr. Pishevar is hardly scared to share his deepest thoughts, insights, and predictions through the globally-available social media network Twitter.
In February 2018 – nearly six months ago as of July 31, 2018 – Shervin Pishevar published a short novel’s worth of high-quality content on Twitter after taking a two-and-a-half month break from all social media and online networking sites.
The nearly-novella-length “tweetstorm” Shervin Pishevar published over a roughly 24-hour period contained 50 tweets – one of the hottest such tweets on the first half of content he published read “Inflation is dead … Inflation never manifests itself [the] way many expect. We’ve managed to export inflation for decades now,” referring to the United States’ overarching dumping of inflation off of the United States Dollar over the past few decades.
Inflation is never fun, but it’s normal – it’s necessary for a nation’s currency and its financial markets to be kept in check. Shervin Pishevar claimed that the bond market would soon fail due to our exportation of inflation.
He also said that quantitative easing, a monetary policy practice that helps keep the United States Dollar and other currencies in check, is effectively the “only thing” to have “had long term [sic] predictable results” of anything related to monetary policy moves. However, Shervin Pishevar immediately thereafter suggests that quantitative easing doesn’t have the power it once did and will be unable to perpetuate the bullish run of bonds for much longer.