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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"
参加 August 2009
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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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