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I was referring to this part: > stablecoins subvert the ability of the Federal Reserve to print money and give it to their friends at Goldman Sachs et al
by paulgb 5y ago
I was referring to this part:
> stablecoins subvert the ability of the Federal Reserve to print money and give it to their friends at Goldman Sachs et al
- sjtindell 5y agoBut you said “their friends to print money” not “print money for their friends”.
- paulgb 5y agoOk, fair, the part that I excerpted did confuse the two, but OP goes on to say: > David at Goldman Sachs starts with 1 dollar, you each have 50% of the wealth in the "nation." David and his friends start printing themselves money “David at Goldman Sachs” presumably refers to David Solomon, CEO of GS, and in this part of the post he and his friends are the ones printing the money.
- sjtindell 5y agoTrue. It was definitely not a wildly coherent post.