> The loans-against-portfolio system was designed to help middle class individuals buy homes, not to help centibillionaires buy $500mm yachts. If you are the so

> The loans-against-portfolio system was designed to help middle class individuals buy homes, not to help centibillionaires buy $500mm yachts. If you are the sole founder of a multi-trillion dollar organization, your business expenses should cover quite literally anything you could ever need. This is nonsense. It wasn't "designed" to help the middle class. Portfolios are clear collateral assets and a natural backstop that doesnt need a "designer". It will arise in any financial system that allows free contracting and doesnt explicitly prohibit it. > In fact, as a founder myself, I'd take it as a badge of honor if the government came in and said "hey bro you are now worth a hundred billion dollars, you've won capitalism, go enjoy time with your friends and family...". This is such a contrived example it isnt worth discussing. The realistic outcome is the government taking it and giving you nothing. We aren't discussing the government "buying" anything.