4 ms·
Naval is a smart man. Couldn't agree with this more. We are nearing the end of the road to socialism via inflation.
by natenthe 6y ago
Naval is a smart man. Couldn't agree with this more. We are nearing the end of the road to socialism via inflation.
- seppin 6y agoAll countries print money and discourage saving. Taxing capital gains at a fraction of the rate you tax labor ensures increasing inequality, and is not the source of "confiscating" or theft of wealth. Naval is a fortune cookie philosopher at best, and seems to repackage college libertarian ideas of protecting the wealthy from adequately funding the country they reside in.