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Last two days, we went through the context of this opportunity to explore #BuildingaBetterEconomy and the current state of the world. Today we are going to do a #causaanalysis of this state. #Chapter3
Capital Accumulation is a function of the below parameters
- A systematic risk and skewed incentives in the system.
- A gaping problem with modern econ theories and modern financial systems.
- Centralization of data/information with powerful tools to exploit them.
1. Between March 18, 2020, and April 12, 2021, the collective wealth of American billionaires leaped by $1.62 trillion, or 55%, from $2.95 trillion to $4.56 trillion. The reference here: docs.google.com/spreadsheets/d…
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