Experiencing this in a FAANG microcosm is what made me realize the same thing of the economy as a whole. When government (Latin for “control of the mind”) contr

Experiencing this in a FAANG microcosm is what made me realize the same thing of the economy as a whole. When government (Latin for “control of the mind”) controls the incentives it never has to get its hands dirty accomplishing its goals. The economic reward means someone else will inevitably do it for them, even when that reward is something that’s literally worthless[0] except as an idea which much be mutually agreed upon. The very existence of billionaires is the exact same kind of individual bonus, but on a global scale. [0] RE: https://www.treasury.gov/resource-center/faqs/Currency/Pages/legal-tender.aspx https://www.treasury.gov/resource-center/faqs/Currency/Pages... “Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anything. This has been the case since 1933. The notes have no value for themselves, but for what they will buy. In another sense, because they are legal tender, Federal Reserve notes are "backed" by all the goods and services in the economy.”