Matthew Digesti
2.5K posts

Matthew Digesti
@MatthewDigesti
EVP & General Counsel at GenuBank - Banking | Identity | Fintech | Digital Assets | Public chains 🚀🌙 | All tweets are my own







🚨FRIEDBERG: "60% of middle class household's net worth is in their home. Only 10% is in owning the S&P 500, index funds, whatever in their retirement accounts. By creating this American dream around housing and allowing the Federal government to provide loans on housing, we've increased the cost of housing and created a destructive housing bubble that reduced people's exposure to participation in productive value creation like the ownership of businesses. Instead, we've stored our net worth in a house and in order to keep the economy and the social structure stable, we've created policies that allowed the continuation of the growth in the value of houses so people feel that their net worth is incrementing, and that's unfortunately very unnatural."










@elonmusk Thx for this. The “where to vote” panel is triggering for some specific searches bc Harris is also the name of a county in TX. Happens for “Vance” too bc it’s also the name of a county. Fix is coming. Note very few people actually search for voting places this way.








Such a great message and A+ career advice from @chamath Worth a listen.











