China Bans Crypto while Softbank and Tiger Global Move In
Inflection Point
00:00
Is There a Moral Overlay to the Stimulus?
i think these two charts show pretty definitively that people are literally just charing to basic financial provision for themselves. A large part of the policy that has driven such easy monetary conditions is this idea of the wealth effect, right? And i think the other problem is a growth right? Demographics are horrible in the us. Ten thousand people every day turn 65. They don't go out and start new businesses. So you now, just demographically, we don't have enough young people. Now it's coming, right? The millennials and the genzes, they're coming. But max spending occurs at aged forty six and a half,. Swhen your yon gat, the big house
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