Check out how the net worth of major tech billionaires has shifted over the past ten years
Is Elon Musk about to become a trillionaire?
And the surge of Jensen Huang!!
@jkostels@LeanLabsMD@FinancialPhys@TheRabbitHole Yes. But I make a distinction. Credit creation in the hands of private industry is good. But the lender should get the principal returned. Here’s my proof. https://t.co/3v6rk5gPSl
@LeanLabsMD@FinancialPhys@TheRabbitHole The fed isn’t the problem. Govt selling treasuries is.
The Fed can’t created currency until the treasury creates new bonds.
End the government’s ability to borrow & the problem solved itself.
@FinancialPhys Actually good advice...You can also do this with a home that's under Repossession. There is zero liability for leaving them with literally nothing. Just don't damage anything. Don't burn it down, just sell off the assets within.
@FinancialPhys@WatcherGuru I argue that ALL forms of money are 'fiat'. The mere fact that the govt. sets what taxes can be paid in, is the fiat.
Now, as long as banks can lend $ into existence, those are expending the 'quantity' of currency, which is inflationary. This is why Bretton Woods failed.
Everyone has a theory about who rules the world. This is a distraction. Those theories stop you from taking action. Here's the solution.
https://t.co/qqvfyfHWs4
@FinancialPhys I'm embarrassed to admit that my mother 'bought' a whole bunch of Zimbabwe 'dollars', she's just waiting for the global reset, where the US dollar and Zimbabwe dollar reach a 1:1 parity... Then she's going to throw a party...
@jeremyct You need to take this article to an attorney. I build the case for a county to not be able to tax you on unrealized gains, and only increases based on inflation rates. Once 1 person wins in court, the rest of us will also win. Do it!!!
https://t.co/qCr4SAwZHN
@David_Nance57@danielmcfadin The lucky dog rule hadn’t been implemented yet. You had to earn it.
The lucky Dog rule came about when they changed on yellow to race back to the stripe for position. Now when yellow flies, field it frozen.
@FinancialPhys@yonann That’s how percentages math works.
10% of $1= 10 cents
10% of $10= $1
10% of $100= $10
See what happens when you use % math to describe change.
10% of $1m= $100,000
Now you know why the “K” shaped economy is a real thing.
This is the end of the world as we know it.