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33. Stock-to-flow: a deeper look

The Bitcoin Standard Podcast

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Why Elon Musk Is Not the Richest Man in the World

In order to become the richest man in the world, he invented modern oil. He's not yet managed to turn a single profitable quarter without subsidies and carbon trading. The notion that we could have a Tesla car without fossil fuels is ridiculous. And of course, the hilarious thing about it is that he uses the money from the carbon trading to finance his car company and to finance his space exploration company. If you were to calculate how much carbon dioxide emissions those things make, I'm going to take a wild guess and say that his rockets do not run on solar energy.

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