The road to socialism via inflation: Print money, crash the reserve currency, destroy savers, and force them into inflated assets. Asset inflation l… - Naval Ravikant

" "

The road to socialism via inflation:
Print money, crash the reserve currency, destroy savers, and force them into inflated assets.
Asset inflation leads to inequality. Demonize asset holders and tax the nominal gains, thereby confiscating the real value of the assets.

English
Collect this quote

About Naval Ravikant

Naval Ravikant (born November 5, 1974) is an Indian-born American entrepreneur and investor. He is the co-founder and chairman of AngelList, a platform for startups, investors, and job seekers. He is an angel investor who has made early-stage investments in companies including Uber, Twitter, Postmates, and Yammer. Ravikant is a recipient of the Edmund Hillary Fellowship. He also co-hosts a podcast with Brett Hall.

PREMIUM FEATURE
Advanced Search Filters

Filter search results by source, date, and more with our premium search tools.

Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.

Additional quotes by Naval Ravikant

Enhance Your Quote Experience

Enjoy ad-free browsing, unlimited collections, and advanced search features with Premium.

Modern society will shame you for earning money, shame you for being happy, shame you for being raised well, shame you for having children, and ultimately, shame you for existing.

It isn’t just religion that controls you by declaring you a sinner.

Loading...