Comments by "Frederick Miles" (@frederickmiles8815) on "David Dayen: How CRONY CAPITALISM Could DESTROY Biden's Infrastructure Plans" video.

  1. Correct - you dont associate spend with build the consultants will devour your budget. With money being so cheap due to QE - the financial economy will devour the pie. Literally just tell someone like Musk what you want and he will build it - get the money to engineers.
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  2.  @jumpingjack8273  I dont think you understand what state capitalism means. Nor do you understand the nature of Tesla's share price - if that is what you are referencing as his wealth. If you are curious to learn more about why Tesla's share price is so ungodly high - study gamma squeezes. Funds drove the price up by betting (shorting his Tesla) he would fail; when he didnt fail they had to buy back shares they shorted driving his price up. Diamond handed folks like Musk dont sell therefore the price isnt and wont drop back to earth. That is also why in the jungle, amongst the apes, he is the oracle - gme, amc, doge - Musk has his finger prints all over them, he hates the financial economy with a passion; almost as much as he hates socialist.
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