Lone Candle
Champion of Truth
So before regulation, the great tycoons of the era just acted like greedy unethical thieves in financial markets?
https://www.youtube.com/watch?v=Yp6EggtUBYI
Trying to maximize their profits by limiting taxes and regulation, big corporations have funded Christian movements that preach capitalism and market fundamentalism.
https://www.youtube.com/watch?v=xRG1N_JFVnY
Scott Galloway & Morgan Housel on the Art of Spending Money | Office Hours
https://www.youtube.com/watch?v=TFj6n66j7Z8
Another reason investors deserve their income is that by having a system where corporations work toward the goal of increasing investor return, they have the incentive to be productive. So indirectly, by taking part in such a system, investors produce things with their money.
https://www.noahpinion.blog/p/why-do-people-get-paid-to-invest?r=1o36hf&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false
The county three times tried to get grant money to help with floods, but Texas denied their applications.
https://www.youtube.com/watch?v=R0sCy5WYFfQ
Is the finance industry helping the economy, or just putting a lot of human and regular capital into moving money around in ways that make money for people with money but not actually investing in things that make everyone better off?
https://www.youtube.com/watch?v=fIsQHkTLlxY
The independence of the Fed is key to protecting the dollar, the economy, and price stability. People can trust in the dollar because the Fed will do what needs to be done to control inflation, even if it is painful.
Big things Trump’s economic team wants to do would require great international deals, but those deals are worthless if no one trusts the United States or its president. Trump is so erratic, that no one trusts him. He made the NAFTA 2.0 agreement with Mexico and Canada during his first term, then during his second called it junk and tried to break it. He threatens to take territory from allies and threatens to renege on NATO promises. Countries won’t make the sacrifices of a big Trump-pushed-for-deal when they can’t trust Trump to keep his promises.
https://www.youtube.com/watch?v=zmyZQ-I0jok
Companies pay researchers to produce biased science. Then, they tell people to look into it themselves, knowing people will find the slanted research the industry paid for.
https://www.youtube.com/watch?v=2S5iP-WJbEc
Why Central Banks Are Launching Digital Currencies
https://www.youtube.com/watch?v=Dpu6G_UlSdM
Musk successfully purchased political power.
“even as the former Trump strategist claims that Musk has limited influence, Bannon acknowledged that Musk had backed Trump’s campaign with hundreds of millions of dollars, and he “deserves a place at the table.””
https://www.politico.com/news/2025/01/14/bannon-second-trump-administration-00198197