politics

Trump and Bernie are surprisingly similar. Both understand that there's a huge swath of Americans that feel abandoned

It’s also why Trump is trading short-term pain on Wall Street if it means fixing Main Street

But there’s an easier solution to solve financial inequality 🧵

Award-winning Host of @Coinage covering crypto for a mainstream audience | Fmr. YahooFinance Anchor & Harvard Econ Grad | Co-Own Coinage with me 🫡

Don't get me wrong, I am a strong believer of financial inclusion and the reason I got into crypto in the first place was the ability for all parties to enter without a hall pass from the sec.

But to say that we will reduce inequality by removing this is so oblivious to the problems causing inequality.

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If millions of Americans with no real backup plans are investing in some of the highest risk assets and get liquidated, it's game over for them.

Even if these assets don't fail, it's funneling money up to already wealthy corporations and VC's, and them it becomes in the interest of more of America to crush working class wages, and benefit the shareholder class benefits, where the benefits won't go to the average investor, but rather than those who own most of the assets already.