the problem with billionaires and should billionaires exist i tweeted that i said is the us federal reserve bernie you co-sponsored an audit the fed bill talk about the cantillon effect how did bloomberg go from a net worth of $3000000000.20 to $60000000000.00 in 2020 at least half of that in my opinion is from q.e. the problem is that nobody really knows anything about money it's hard to explain money i remember back on this very show 7 or 8 years ago and we talked to activist groups like greenpeace about the money they had 100000000 euros in the bank and i was explaining to them you know the bank is just using that to lend it to exxon and in fact by you keeping the money in the bank you're doing a lot of damage that you say you're trying to fight against but they the respondent from the head of greenpeace was well nobody understands money you know we can't really it corporate that in our in our material or descriptive of what we do because it's too confusing and same thing with certainly the democrats i mean the republicans have a reputation as knowing a little more about money than the democrat