Sachin on Nostr: Laissez-faire is the only system that can bring true wealth to India. Not the ...
Laissez-faire is the only system that can bring true wealth to India.
Not the pseudo-wealth driven by heavy government intervention with artificially low interest rates, spray and pray VC funding, degenerate govt debt, high taxes, malinvestment and depreciating fiat money that you see in America, Europe, China and even in India now. That's a bubble where a few people get rich at the expense of others, and remain rich when the bubble bursts and everyone gets wrecked because they get bailed out.
I'm talking about creating hardcore generational wealth driven by free markets with market-driven interest rates, capital creation and accumulation where demand actually exists, savings in sound money, respect for private property and natural rights. It's a system where the deserved win and do so only by creating and producing useful things that others actually want, and fail when they don't do that.
If a group of people want to get together and make this happen, they can already do so to a certain extent without requiring any political or regulatory action.
Published at
2025-01-01 09:16:15Event JSON
{
"id": "983693d335f2aa3a495bc7456fc82905c8c55ce7411b8550e8207f5765f6f9fb",
"pubkey": "34f1aaa6b1508de0bab3f086c4bd5bbd7b50f8599451c6e68ac955fc836e3cd6",
"created_at": 1735722975,
"kind": 1,
"tags": [],
"content": "Laissez-faire is the only system that can bring true wealth to India.\n\nNot the pseudo-wealth driven by heavy government intervention with artificially low interest rates, spray and pray VC funding, degenerate govt debt, high taxes, malinvestment and depreciating fiat money that you see in America, Europe, China and even in India now. That's a bubble where a few people get rich at the expense of others, and remain rich when the bubble bursts and everyone gets wrecked because they get bailed out. \n\nI'm talking about creating hardcore generational wealth driven by free markets with market-driven interest rates, capital creation and accumulation where demand actually exists, savings in sound money, respect for private property and natural rights. It's a system where the deserved win and do so only by creating and producing useful things that others actually want, and fail when they don't do that.\n\nIf a group of people want to get together and make this happen, they can already do so to a certain extent without requiring any political or regulatory action.",
"sig": "8264fccafac9f8a890bf809bc923820fc0583a26fb2c831f7858392d84a9ea56fbbc8914cf539fc7b00275dd2b8cf5b2e589828c6a3b792fb7d97c64390c9222"
}