The latest podcast:
Elon Musk: The Fiat Rockefeller
Under gold, the richest man in the world, Rockefeller, transformed the lives of billions.
Fiat's richest man trades carbon & shitcoin scams & gets govt subsidies to build expensive toys for the rich
saifedean.com/podcast/57-elo…
To become the richest man in the world under hard money, Rockefeller, born in poverty, built the foundations of modern industrial society by providing billions with the infrastructure that allows them cheap & reliable energy for heating, cooking, production & transportation.
Under hard money, there's no alternative to providing people value to get them to give you money to get rich. The richest man in the world will be the man who provides the world with the most value & Rockefeller transformed the world.
Under easy fiat money, a huckster like Musk can get rich building expensive frivolous toys for the rich, paid for by the poor, with no hope of scaling, simply by skillfully manipulating TV viewers' hysterical fear of CO2 into lucrative subsidies & carbon trading scams.
What are Musk's shitcoin plans?
I predict he'll copy his Renewable Energy Credits scam from cars to crypto: he'll make a scammy hardware to mine shitcoins & lobby to force other miners to pay him because of some funny CO2 hysteria math.
Right on cue:
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