More like, 100% of stocks are owned by one company. Look it up, it'll really give you something to cry about.
Yay, bitcoin! (Unless you're a maxi who thinks custodial usage is acceptable, ie LN, CEXs).
The inequality isn't real
93% of the shares of the US stock market are owned by 10% of families, But..
They can't spend the money to consume. They can only buy real estate, stocks, or other investments. If they actually USE the money, then it hyperinflates the currency.
In other words, the reason there isn't hyperinflation is BECAUSE there's inequality. Fractional reserve asset pumps only work if the vast majority of the population can never realize it's fake, because the money isn't used to consume.
Trump's latest twist doesn't change much from yesterday's podcast, to discuss the economic and political landscape from a philosophical perspective, and practically how you can gain:
Web: https://podcast.simplifiedprivacy.com/usd-shitcoin/index.html
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