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Prior monopolies invested. Because of tax code. And corporate remits were limited. Probably a few other reasons. All those guard rails were eliminated. So curr
by specialist 5y ago
Prior monopolies invested. Because of tax code. And corporate remits were limited. Probably a few other reasons.
All those guard rails were eliminated. So current monopolies do stock buybacks.
All that excess idle wealth, too much capital chasing too few investments, has to go somewhere. Causing asset bubbles. Stocks, real estate, cryptocurrencies, artwork.
If we want more investment, we have to address idle wealth. Disincentivize hoarding wealth. Keep the money moving. Reduce the impedance mismatch between funds (too big) and investment opportunities (too small); like apply the YC strategy far and wide.