Originally posted on 10/17/2020:

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if you are invested and have made over 10% then you are on the recipient side of the wealth transfer. Congrats 🍾

Personally, I think the most important thing anyone can do for their family, ie my younger brothers, kids who work for me and even my parents is teaching them how money is created, the relationship btw Fed, treasury and banks and how they can manipulate rates, currency and stonks. Once you understand this you don’t have to sit back complaining, you can be on the other side benefiting. There’s a reason they don’t teach this stuff in public school and it’s to keep you dumb and broke.