3 ms·

Does anyone know what this means to vc funding in the valley ?

• yuhong 10y ago
  I think a lot of the VC funding probably ultimately comes from the increased credit that was allowed when Bretton Woods were abandoned.
• dragonwriter 10y ago
  Ending independent central banking in the US would probably destroy the credibility of US Government securities as an investment vehicle, which might in the short term make more money available in private markets. OTOHnot it's probably bad for any kind of investment in firms actually substantively tied to the U.S., and probably best for firms in the kitchen design of it distress expected to do well in a period of international political instability, not most tech startups (though some might do well.) Then again, this kind-of talk doesn't mean he'll be appointed, or confirmed, or that his past stated policy preferences will make it into law.