2minutebitcoin on Nostr: New York may look majestic and unlike any other city - but that is expected. Its ...
New York may look majestic and unlike any other city - but that is expected. Its funding is unlike any other too.
It is built from the value extracted by financial intermediaries. The institutions that rule the dollar system - the so-called Cantillionaires. They are the ones that benefit the most from all the new money creation and over-financialization (read: house of cards) of the economy.
And to not forget - bailed out by the public socializing their losses. They have unlimited upside, as they get to privatize their gains, but limited downsde - as somebody comes to save their "too big to fail" bums.
It is built from the value extracted by financial intermediaries. The institutions that rule the dollar system - the so-called Cantillionaires. They are the ones that benefit the most from all the new money creation and over-financialization (read: house of cards) of the economy.
And to not forget - bailed out by the public socializing their losses. They have unlimited upside, as they get to privatize their gains, but limited downsde - as somebody comes to save their "too big to fail" bums.