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Fred Krueger
@dotkrueger
Investor. Not Financial Advice. Bitcoin and AI maxi. Stanford PhD. "You might want to buy some in case it catches on"
Joined August 2009
1.5K Following    270.4K Followers
The entire system is based on money printing - On paper, nominal financial gains are taxed at 30-50% - These pay for a big chunk of govt spending (35% of economy - Because of size of nominal returns vs real returns, 1%+ can by skimmed by the Financial sector (17% of the economy) - The entire political class is motivated by printing. So basically > 50% of the economy is motivated to print.
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