By Larry Chiang
Pretty much no one knows what’s going on
Even the engineering educated people like me and Chamath Palihapitiya are confused…
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Chamath Palihapitiya (@chamath) |
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Inequality and anti-capitalism in one chart.
The Fed, for the last 25 years, have used their tools and $$$ to preserve equity and credit prices at all costs. As a result, when economies contract, avg people get hurt. Capitalists and Progressives should both puke this chart up. pic.twitter.com/79xlE5zeUc |
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Is that 5.6x or 5.6%
Goodness, I hate finance majors.
Who was driving the ship that steered us into $350 Trillion in debt on a $80T GDP
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