A thunderingly consequential #BoomBust reality for #Crypto 😳 … told repeatedly on Squawk Box by J.P. Morgan Chairman #CEO , #JamieDiamon ...
Next Dumfries meeting will be face to face/online
Venue details 👇
To sign up 👇
bit.ly/3suRNrn
#Taming #Boombust
#Dumfries #Venue
Prof Sonia Cottom NHS DG D&G Council Dumfries & Galloway! What's Going On? Dumfries & Galloway Libraries DGHSCP Scottish Community Link Worker Network
“Bitcoin itself is a hyped-up fraud,” says J.P. Morgan CEO Jamie Dimon. “Crypto is a decentralized Ponzi scheme…It’s a pet rock.”
It is worth trying to understand how our system of taxation is a scam through which the state appropriates the produce of the land-less citizens in order to subsidise land owners. This leads to the #boombust cycle.
#thelawofrent #rentseeking
Billionaire tech pioneer Marc Andreessen is wrong about #wages and #inequality . Any gains from AI will be absorbed by the land i.e. higher real estate prices and rents. This is key to understanding The Cycle.
#lawofeconomicrent #lawofabsorption
a16z.com/2023/06/06/ai-…
Jonathan Davis FCII FPFS Unbiased 🇳🇱 🚜 Apparently you are a bit behind the curve re the jab and COVID. May be the same applies to your BoomBust report...