Gary’s starting to understand why socialism and communism fails Eventually they run out of everyone’s money to take Taxation is not the problem We have a problem with bloated and inefficient government As a reminder, the top 10% already contribute 60% of the total tax revenue It’s just Gary doesn’t think that’s enough Of course it’s never enough when you have government spending out of control and incentives misaligned Gary harps back to the 70s when working class people could afford a home and a car etc etc Government spending per capita in real terms (adjusting for inflation) is some 5 times higher today than back in the 70s The biggest issue is the currency debasement driving asset values ever higher as a result of the need to print money to service ever growing debt Which is unbelievable that he doesn’t yet understand Bitcoin I’m sure he’ll get there eventually, but he’s the epitome of the saying “a little knowledge is a dangerous thing”