The Twitter story is not a one-off case, nor is it evidence that Wall Street and the homegamers alike are comprised of greedy fools who will fall for anything. To the contrary, the destructive outbreak of corporate moonlighting in behalf of woke ideology and partisan causes was born, bred and matriculated by the money-printers at the Fed. At the end of the day, it is bad money that leads to bad, value-destroying behavior in the C-suites—just one more instance of the “malinvestment” which is the inherent result of monetary inflation.
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