You don’t understand, prices can’t go down
The article argues that since 2008, policymakers have consistently chosen to prevent prices from falling rather than aligning money with real value, leading to an increasing disconnect between money and economic reality.
Background
George Hotz (geohot) is a prominent hacker and entrepreneur, best known for jailbreaking the iPhone, hacking the PlayStation 3, and founding comma.ai, a self-driving car startup. This blog post will likely argue that central banks and governments have consistently chosen policy interventions that prevent asset prices from falling (e.g., bailouts, quantitative easing, low interest rates) since the 2008 financial crisis, instead of letting markets correct. The result, in his view, is that currency and asset prices become detached from underlying economic reality — what he calls "money uncoupled from reality." The target reader needs to know who Hotz is and that the 2008 crisis is the key reference point for his argument about systematic policy choices favoring price floors.