Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Points and Figures (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

The Real Problem: Access to Capital

% of readers think this story is Fact. Add your two cents.


When I read about the culture wars in America and around the world, one of the things I pay attention to is capital.  Capital, and access to it, often determines if you can create opportunity for yourself and increase your standard of living.

Governments cannot be the primary capital provider.  However, their policies can ease access.

If the government is the primary capital provider access to capital gets politicized.  That’s crony capitalism and detrimental to a well-functioning and healthy society.  At an extreme, it’s communism or socialism.  We know those two forms of government wind up murdering people and the data shows they have murdered millions of people since Russia became the first country to embrace that form of societal organization in the early 1900s.

As Latin America drifts to the left, expect human suffering and death to increase in the nations that implement left-wing policies.

I was watching social media yesterday and I saw Senator Elizabeth Warren say Bitcoin was an “environmental disaster”.  When has she been on the right side of any economic innovation or policy?  Not to be outdone, former President Trump said he was against Bitcoin because it was competition for the dollar.  Funny thing, if we want to solve for a lot of environmental disasters that are caused by energy production, the best way to do it is nuclear power and I doubt seriously if Warren would be on board with that or if she is even intelligent enough to understand it.

Competition is good.  It creates innovation, drives prices down, and raises standards of living.

One of the promises of cryptocurrency is creating more access to capital to people who need it.  It also has promise to destroy friction in smaller markets that are inefficient.  My friend Gil Valentine has witnessed it first hand as he rolled out crypto ATMs with his company Athena Bitcoin.

All the time, we read about government policy limiting access to capital.  Dodd-Frank crushed community banking and that ended access to capital in neighborhoods that needed it.  People call for regulation in places that it is not needed.  There is tremendous fear that some snake oil salesperson will steal grandma’s money.

One of the themes we invested in at West Loop Ventures was access to capital.

  • Spring helps people build and manage wealth.
  • Vauban helps people create entities automatically and cheaply to build wealth
  • Pipit helps people transmit and share wealth cheaply across borders all over the globe.
  • Finmkt democratizes and enlarges access to capital
  • Kover helps people insure risks that couldn’t be insured before.

When I look at a lot of the social problems America is having, a lot of it boils down to breaking down regulatory barriers that stop access to capital and stop competition in various sectors of our economy, especially including education.

The post The Real Problem: Access to Capital first appeared on Points and Figures.


Source: http://pointsandfigures.com/2021/06/10/the-real-problem-access-to-capital/?utm_source=rss&utm_medium=rss&utm_campaign=the-real-problem-access-to-capital


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Humic & Fulvic Liquid Trace Mineral Complex

HerbAnomic’s Humic and Fulvic Liquid Trace Mineral Complex is a revolutionary New Humic and Fulvic Acid Complex designed to support your body at the cellular level. Our product has been thoroughly tested by an ISO/IEC Certified Lab for toxins and Heavy metals as well as for trace mineral content. We KNOW we have NO lead, arsenic, mercury, aluminum etc. in our Formula. This Humic & Fulvic Liquid Trace Mineral complex has high trace levels of naturally occurring Humic and Fulvic Acids as well as high trace levels of Zinc, Iron, Magnesium, Molybdenum, Potassium and more. There is a wide range of up to 70 trace minerals which occur naturally in our Complex at varying levels. We Choose to list the 8 substances which occur in higher trace levels on our supplement panel. We don’t claim a high number of minerals as other Humic and Fulvic Supplements do and leave you to guess which elements you’ll be getting. Order Your Humic Fulvic for Your Family by Clicking on this Link , or the Banner Below.



Our Formula is an exceptional value compared to other Humic Fulvic Minerals because...


It’s OXYGENATED

It Always Tests at 9.5+ pH

Preservative and Chemical Free

Allergen Free

Comes From a Pure, Unpolluted, Organic Source

Is an Excellent Source for Trace Minerals

Is From Whole, Prehisoric Plant Based Origin Material With Ionic Minerals and Constituents

Highly Conductive/Full of Extra Electrons

Is a Full Spectrum Complex


Our Humic and Fulvic Liquid Trace Mineral Complex has Minerals, Amino Acids, Poly Electrolytes, Phytochemicals, Polyphenols, Bioflavonoids and Trace Vitamins included with the Humic and Fulvic Acid. Our Source material is high in these constituents, where other manufacturers use inferior materials.


Try Our Humic and Fulvic Liquid Trace Mineral Complex today. Order Yours Today by Following This Link.

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.