diagnosis
He says stock-market wealth is fake when measured against gold: money prices rise while real purchasing power falls, creating a fairyland of prosperity built by bureaucrats.
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Fake Wealth
He says stock-market wealth is fake when measured against gold: money prices rise while real purchasing power falls, creating a fairyland of prosperity built by bureaucrats.
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"So, it can tax and exploit people properly. Okay? So, that's what a state proxy does. So, what are the consequences of the over..."
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"But if you just turn... But if you look at stocks as units of gold, if you just go to buy stocks, guess what?..."
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Relevant Lectures And Readings
Reading
A source-grounded reading of bureaucracy as institutional death: university comfort replaces education, administrators turn complaints into jobs, managers feed on organizations like parasites, and the only exit left to students is real knowledge outside...
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