In the first place, politicians are not financial advisors and their statements should not be taken as investment advice. But what exactly is meant by the “real economy”? Are government bonds considered part of the real economy, especially when the funds are used to repay debts incurred from government spending, such as during the Covid pandemic? Is investing in companies like Coca-Cola or Raytheon truly investing in the real economy, or are we essentially supporting products like sugary drinks and weapons that may have negative effects, especially on children, compared to Ethereum? In the early 2000s, did mortgage-backed securities, which were propped up by a combination of explicit and implicit government guarantees and regulatory support, actually benefit the real economy? Shouldn’t a true “real economy” be one that helps individuals and families achieve the lives they desire, and doesn’t cryptocurrency do that effectively?
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