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Printing money is a stealth tax on wealth that disincentivizes holding money, as above. It has the same first-order effect on wealth transfers but has hidden second-order effects of misdirecting capital due to political expediency and cowardice.
Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
“Klosterman is like pop culture’s version of Michael Moore, a zealot who simultaneously amuses and provokes …. Savvy and insightful.” —USA Today
Chuck Klosterman • Sex, Drugs, and Cocoa Puffs
Mark C Busse
@thinker
Andy Stanley, Johnny Carson, Howard Hendricks, Ronald Reagan, Billy Graham,
John C. Maxwell • The 15 Invaluable Laws of Growth: Live Them and Reach Your Potential
In Stunning Speech, Peter Thiel Blasts Buffett, Dimon, & Fink As "Finance Gerontocracy"; Sees Bitcoin Rising 100-Fold
ZeroHedgezerohedge.com