February 9, 2021
Another Strange Thing about Our Times
Another strange thing about our times is that a lot of money is going into make-believe assets, most prominent of which is Bitcom. It’s make believe, but worth a lot and just went even a lot more up in value after Elon Musk, the richest man in the world, bought over a billion dollars worth of it, causing Mr. Musk to get even richer, as he surely knew he would. I’m reading a book that discusses such phenomena and may have more to say about it when I finish it.