Divine Intelligence, etc sr20241205_Money
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Dec 7, 2024 Dive into an enlightening discussion that unpacks Bitcoin's liquidity myths and the SEC's record-breaking enforcement actions in crypto. Reflect on the year's highlights, along with insights about economic disparities across G7 nations. Explore the dynamics of deregulation and its implications on governance. Learn about Tesla's ambitious robotaxi plans and the geopolitical tensions arising from global conflicts. Finally, face the harsh realities of the internet, emphasizing the urgent fight against child trafficking.
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Wealthy Cabinet
- Trump's cabinet is on track to be the wealthiest in US history, exceeding $9 billion.
- This raises concerns about potential conflicts of interest and influence from wealthy donors.
Lutnick's Influence
- Howard Lutnick, a primary dealer with ties to the Federal Reserve, is a key figure in Trump's cabinet.
- Catherine Austin Fitz expresses concern over Lutnick's involvement, given his role in potentially illegal financial activities.
Lutnick's Wealth Growth
- Catherine Austin Fitz claims Lutnick's net worth grew from near zero after 9/11 to $2-4 billion.
- The discussion then shifts to investigating how Lutnick's wealth changed during the Fed's asset purchases starting in March 2020.