{"id":12962,"date":"2020-04-10T16:21:44","date_gmt":"2020-04-10T16:21:44","guid":{"rendered":"https:\/\/www.duck9.com\/?p=12962"},"modified":"2020-04-10T12:27:09","modified_gmt":"2020-04-10T16:27:09","slug":"deep-underground-capital-knowledge-about-banking-secrets","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/deep-underground-capital-knowledge-about-banking-secrets\/","title":{"rendered":"Deep Underground Capital Knowledge about Banking Secrets"},"content":{"rendered":"
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By Larry Chiang<\/span><\/p>\n


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Zero wonder to me why the cofounders of America resisted having a \u00e2\u20ac\u0153central \u00e2\u20ac\u02dcbank\u00e2\u20ac\u2122\u00e2\u20ac\u009d<\/span><\/p>\n

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bank is in quotes because the Fed is not a bank. It\u00e2\u20ac\u2122s the Creature from Jekyll Island<\/span><\/p>\n


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\u00e2\u20ac\u0153The main point to make: the Fed is the state, it is not capitalism.\u00e2\u20ac\u009d<\/span><\/p>\n

–<\/span>Balaji S. Srinivasan (@balajis<\/a>)<\/b><\/p>\n


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<\/td>\nBalaji S. Srinivasan (@balajis<\/a>)<\/b><\/td>\n<\/tr>\n
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4\/10\/20, 6:41 AM<\/a><\/div>\n
The main point to make: the Fed is the state, it is not capitalism.<\/p>\n

Printing money is a form of taxation. Bailouts are redistribution. Neither are wealth creation.<\/p>\n

We\u00e2\u20ac\u2122ll need a muscular form of autarkic capitalism by small businesses & big companies alike to rebuild America.<\/p><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Creature from Jekyll Island is a group of senators and congressmen who met in secret to again attempt to pass legislation to make up a Federal Reserve bank. <\/span><\/div>\n


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Europe had a lot of central banks. They do not do the citizens any favors. <\/span><\/div>\n
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Printing money is a form of taxation. Bailouts are redistribution. Neither are wealth creation<\/i>.<\/span><\/div>\n
– <\/span>Balaji S. Srinivasan<\/span> <\/b><\/div>\n

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They do not teach you in school about money. <\/span><\/div>\n

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In business school, They Don\u00e2\u20ac\u2122t teach you about sales, entrepreneurship or reading people.  <\/span><\/div>\n
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https:\/\/www.youtube.com\/watch?v=ejeIz4EhoJ0<\/a><\/span><\/p>\n
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<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

By Larry Chiang Zero wonder to me why the cofounders of America resisted having a \u00e2\u20ac\u0153central \u00e2\u20ac\u02dcbank\u00e2\u20ac\u2122\u00e2\u20ac\u009d bank is in quotes because the Fed is not a bank. It\u00e2\u20ac\u2122s the Creature from Jekyll Island \u00e2\u20ac\u0153The main point to make: the Fed is the state, it is not capitalism.\u00e2\u20ac\u009d –Balaji S. Srinivasan (@balajis) Balaji S. Srinivasan […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12962","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/12962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=12962"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/12962\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=12962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=12962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=12962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}