Keith Weiner

If you buy gold/silver/bitcoin, and it doesn't generate income, then you will have to sell one day. If it generates income, then that's a game changer. @Monetary_Metals pays interest on gold and silver. Currently offering 12% silver interest on silver.

Statistics don't always say what people think!

@Handre Socialism seeks out capital, to consume and destroy

A wealth tax taxes capital itself, not income from capital. That distinction destroys civilizations. Think about what wealth actually is. Wealth is factories, tractors, shipping fleets, software firms, apartment buildings. Capital goods that make workers more productive. When you tax a fortune at 2% per year, the owner doesn't skim froth off a bathtub of cash. He sells productive assets, or he stops accumulating them, or he moves them to Zug. France ran this experiment. The ISF wealth tax drove an estimated 42,000 millionaires out of the country between 2000 and 2012, and Éric Pichet calculated it cost roughly twice the revenue it raised. Sweden scrapped its wealth tax in 2007 after watching Ikea's founder park his money in the Netherlands for decades. Twelve European countries had wealth taxes in 1990. Four remain. The deeper problem is calculational. Taxing capital shortens time preference across society. You punish the man who plants an orchard and reward the man who throws a party. Savings shrink, the capital stock thins, and wages fall, because wages track capital invested per worker, not political sentiment. You cannot redistribute a factory. You can only liquidate it. Every wealth tax is a slow-motion capital consumption scheme, eating tomorrow's productivity to fund today's applause. The poor pay the final bill, in wages they never receive.

@atc6955 I am taking about advocates of capitalism

@RealKeithWeiner Dude these people don’t even know the difference between men and women do you think they understand any of this?

Would-be defenders of capitalism: socialism is zero-sum, but capitalism is positive-sum. And the defining essential feature of capitalism is competition(!)

@pablomelito1 @Tu_Quoque_4_U When govt imposes a currency by fiat and a central bank to centrally plan it, that politicizes it.

@Tu_Quoque_4_U @RealKeithWeiner Imagine commentators that don't see the difference between a political system and a monetary system. Politics can be evil but math systems cannot…

What happens when MMTers mistake an accounting identity for causality. Every real resource consumed by the govt and its beneficiaries is taken from you. Yes, even thougg govt forces us to use its debt paper as if it were money.

@miketermaat_ Agreed, and freedom must be properly defined.

There’s no such thing as too much freedom. There is such a thing as too much government.

The direct cost of the govt budget is only one part of the resources made unavailable for wages. The costs imposed on your employer are another drain of resources. A bigger one. 4/4

What happens to wages, when a small business fails, because it can't afford compliance costs? What happens when startups don't get investors, because up front compliance costs destroy the business case? 3/4

You say wages are depressed. They are. Have you considered the total dead weight of govt? Not just what it spends, but also what it forces productive enterprise source of wages--to spend? A short 🧵

@TheLege2 🤣

@RealKeithWeiner I'm shocked you weren't convinced by the pitch

If this is an example of your AI, I'd say it needs a bit more work!

@pablomelito1 Poe's Law!

@RealKeithWeiner If the Govt didn't spend we wouldn't be working…

@RafiFarber Only among people who hate my views but lack an argument!

@RealKeithWeiner Did it complement your hair? I notice that's popular.

@TheRexican Poe's Law

@RealKeithWeiner It not government spending, it's monopolies that are crushing you. Billionaires, not DC, are bleeding you out.

You say wages are depressed. Have you considered the cost of govt? US federal plus states and cities pend about $11.7T a year. About 100M people in productive sector, $117,000 per person. You would make a lot more, if the govt weren't spending so much of what you produce.

@chigrl That marginal price rises and falls with the interest expense. Higher rates --> higher required price to needed to drill.

$55 does not produce more US barrels. It retires them. The Dallas Fed asks producers what WTI price they need to drill a new well. As of the recent Dallas Fed Survey (June): Answers: $66 on average, $67 in the Permian, $62 to $70 across regions, $55 is below all of it. The June survey shows costs still climbing. Services input costs jumped from 34.9 to 64.4 with zero firms reporting a decrease. Every cost index sits above its series average. Those same 127 firms put year end WTI at $80.55. The lowest forecast on the board was $60. Not one said $55.

@SantiagoAuFund I see what you did, there! 😉

Half right

The idea that one has the right to live for sake of one's own happiness was a radical idea in 1776. It's still a radical idea. keithweinereconomics.com/2026/07/15/the…