Rivian Is The Modern Day Pets.com

by OtherwiseSail3 Rvian has obtained legendary status among the Pets.com of the world with its ability to command a market cap of 130B+ on virtually 0 sales. Even banking Rivian will be able to deliver on all of its pre-orders (which …

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Doug Casey on Modern Monetary Theory

via caseyresearch: Justin’s note: The left has a new obsession… Modern Monetary Theory (MMT). MMT is an economic theory which essentially argues that the U.S. government wouldn’t need to collect taxes or borrow money to finance spending. It could simply print more …

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Warren Buffett Is No Fan of Modern Monetary Theory

https://finance.yahoo.com/news/warren-buffett-no-fan-modern-200832631.html (Bloomberg) — Turns out that billionaire investor Warren Buffett doesn’t love Modern Monetary Theory either. “I’m not a fan of MMT — not at all,” the Berkshire Hathaway Inc. chief executive officer said Friday in a telephone interview, adding …

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