Tax and Consequences

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The government said- The ethanol problem was hold the maturity. Yes. They've repeated the mistake. So what they're saying is these securities are good. Good is the government, right? So you're going to put your mark to market. Excuse me. Because you will get your principal back 94 years from now. It's stupid. Who in their right mind would have a $6.9 trillion budget? who in their rightMind would have a Fed with $8.5 trillion on their balance sheet? That's exactly what we found in our book taxes have consequences. I want to do that because it's equally as interesting as now is what actually happens when they go in tax

On this episode of For Your Innovation, we wanted to highlight last week’s special edition of “In the Know,” a monthly video series featuring ARK CEO/CIO, Cathie Wood. In this special episode, Cathie is joined by her mentor, former professor, and advisor to ARK Investment Management LLC, Dr. Art Laffer. Famous for the Laffer Curve, Art is an economist and was named one of Time’s Greatest Minds of the 20th Century.

Together, Cathie and Art dive into the recent banking crisis and the world of cryptoassets.

We hope you find this monthly series useful, especially during periods of heightened volatility. Stay Healthy. Stay Innovative.

“It’s not up to congress to allow or not allow crypto. It shouldn’t be.” – Dr. Art Laffer Episode Timestamps