
Ray Dalio on the Rise and Fall of Nations
Andrew Yang Podcast
00:00
Is It Just a Wealth Transfer?
capitalism, as it creates big differences, those those reinforce each other. If you have a lot of money, your kids get a good education. If you don't, and you're poor, in poverty, they don't get a goodeducation. And also, ironically,you get more indebted. The country becomes more indebted. When the federal reserve buy stocks and bonds for monetary policy purposes, you get more rich ad relative to others. So there are engineering reasons, theyat are a that exist. And if they were modified m it would improve incentives. It would improve productivity.
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