Friday, February 17, 2017

Bill Gates wants government currency insurance

Market Watch:If robots are taking people’s jobs, then they should pay taxes too. That’s at least according to billionaire Bill Gates, the co-founder of Microsoft MSFT, +0.15%  .“Right now if a human worker does you know, $50,000 worth of work in a factory, that income is taxed,” Gates said in an interview with Quartz. “If a robot comes in to do the same thing, you’d think we would tax the robot at a similar level.”
I  knew it, the socialist bum does not even know he is a socialist bum. 

Bill wants government code in the sandbox. He thinks currency risk is always a Swamp responsibility.  He has neither the brains nor education the understand banking theory. Most of the Silicon Valley geeks are the same, they do not realize their  gains  are insured by little brown people.

Lesson, do not trust Silicon Valley with the sandbox as all of them have  now bought the central bank socialist meme. The folks building trading pits meed to come from the quant world.

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