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Bill Janeway | Venture Capitalism and the Future of the Innovation Economy

Hidden Forces

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The Hypocrisy of Preventing People to Invest Based on How Much Money They Have

I find it hypocritical to prevent people from investing based on how much money they have, what their net worth is. I'll tell you, if you want to increase the inequality of wealth, let poor people lose their money. Raghu Rajan made a presentation for the assembly of all the central bankers three years before the crisis and he was left out of the meeting. He wrote a book called Fault Lines about the huge mistake made by trying to address disparity of income and wealth in the US.

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