An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Friday, April 8, 2022
Bannon: Thiel destroys Wall Street with crypto
Theil off the hook at a recent Bitcoin conference, analogizes intergenerational warfare with an enemies list.... Bannon breaks it down for MAGA…
Thiel is a total idiot. Whenever I hear that guy talk it's hard to believe he has any money at all. His new company, Palentir, is being successfully driven to the ground from his stupid direction. He bought gold with the company's funds to prepare for a "black swan event." What kind of business model is that? Buffett is worth $125 bln. He's been around for a long time through all kinds of market environments. Thiel should just STFU at this point.
Thiel is a total idiot. Whenever I hear that guy talk it's hard to believe he has any money at all. His new company, Palentir, is being successfully driven to the ground from his stupid direction. He bought gold with the company's funds to prepare for a "black swan event." What kind of business model is that? Buffett is worth $125 bln. He's been around for a long time through all kinds of market environments. Thiel should just STFU at this point.
ReplyDeleteTrump has said he prefers the USD system…
ReplyDeleteSo potential trouble ahead in MAGA paradise…
Thiel a yuge Trump supporter…