Top Tweets for #permanentdistortion
Dr Nomi Prins emphasised the growing wealth inequality. She also discussed the shift in global financial dynamics, with countries like China and Russia reducing their reliance on the U.S. dollar.
https://t.co/8FfADvEC6O
#whynooneshowedmethisbefore
#permanentdistortion

Thanks for reading #PermanentDistortion! Current global debt, according to the World Economic Forum, as of the end of 2023 is $307 Trillion. That's an increase of about 20%. But, consider that since 2022, the cost of debt interest rate payments has also increased, more so for nations repaying in dollars. So the global debt burden impact has increased by more than 20%. https://t.co/V9PbTFAZ6J
Dr @nomiprins I'm reading your 2022 book Permanent Distortion's reference to https://t.co/r9RfcSnXd6 to a global debt problem of $255Trillion. Do you happen to know the current number or have a reference to a new number that reflects the status quo 5 years later?
Good suggestions AND we need to accept that we haven’t had free markets since 2008. We will never return to free markets under our current system. #PermanentDistortion
I agree with you, this Utah market has been tough. If you win, your policies could affect me so I checked out your platform…
I think zoning reforms and streamlined permits is good—I especially love the vacant lot tax.
I would ask you to please reconsider the investor regulation and rent control—both of which disrupt free markets and will exacerbate the problem you are trying to solve.
I think financial incentives and home assistance are well-intended but miss the mark—I personally think it’s better to focus solely on market-driven solutions and efficient land taxation.
Here’s some more ideas that I think could help us:
1. Land Value Tax: Replace property taxes with a tax solely on the value of the land, encouraging efficient use and reducing speculation.
2. Auction Public Land: Use auctions for underutilized public lands, driving efficient use and raising public revenue.
3. Deregulate Building Heights: Remove height restrictions to allow for high-density housing, increasing supply.
4. Eliminate Parking Minimums: Free up land for more valuable uses like housing by removing parking requirements.
5. Community Land Trusts: Enable communities to collectively manage and develop land, ensuring local needs are met.
6. Urban Growth Boundaries: Clearly define where urban development should and shouldn't occur to prevent sprawl and promote density.
Best of luck with your campaign—we need more affordable housing in Utah!
There’s a wealth of information from @DanielaCambone w/ her guest @nomiprins on the latest market analysis & federal reserve chairman Powell’s response. #federalreserve
#PermanentDistortion📕#nomiprins
#stansberryresearch #danielacambone https://t.co/hzhiOHUb5p
The U.S. financial system has contributed to the creation of two Americas: one made up of the mega rich and the other made up of the never rich. @nomiprins digs into the how, what, and a possible solution in her new book #PermanentDistortion #Velshi
https://t.co/Kr8YCAUzkm
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