What is Bology's warning bet?

Balaji Srinivasan's warning bet, often referred to in discussions as a "hyperinflation bet," revolves around his belief that hyperinflation will hit the United States dollar. He argues that the steps taken by governments, like backstopping depositors, inject massive inflationary pressure into the economy. This, paired with a growing public mistrust in the dollar, could lead to hyperinflation similar to what has been experienced in countries like Argentina, Venezuela, and Zimbabwe 1.