"There is a deep wellspring in terms of perception of unfairness in the economy that’s been tapped into here that either didn’t exist five years ago or existed and had not had a chance to be expressed"
"Just a forewarning, this is one of the most controversial conversations With Casey we’ve ever published. You might want to skip reading this one if you’re easily offended..."
"...6,000 years of human history shows us that whenever too much wealth becomes concentrated at the top, it always gets redistributed by either socialist policies or violent revolution..."
With an ever-growing chorus of 'soak the rich' rising from the left-er of the leftists, it is becoming increasingly important to know what "rich" is - How much would you have to earn in a year in the U.S. before someone considered you rich?
The chairman of the upper house of Russian parliament has urged MPs to expedite their work on digital economy bills that include a draft on crypto regulation, local news agency TASS reports...
Monetization (central banks creating money with which they 'retire' assets) boosts asset prices in the face of depopulation and decelerating demand. Expect these two trends to inversely accelerate over the coming years...until something breaks.
Five Star’s “citizens’ income” has noble aims, but it risks getting bogged down by its own complexity and the country’s famously inefficient bureaucracy...