government

also referred to as: governments

16 statements across 13 episodes · 4 bullish · 4 bearish · 11 people on the record · first statement Jul 10, 2017 by Tom Russo · across every show →

Everything said about government, oldest first

Jul 10, 2017
Insight
Russo: Tax deferral of unrealized gains is investors' only government break
“The government only gives you one break as an investor, which is tax deferral of unrealized gains.”
Tom Russo Jul 10, 2017 ▶ 7:19 Thomas Russo – Buy and Hold...and Then What (Capital Allocators, EP.16)
Apr 23, 2018 positive
Insight
Cembalest: Bank recapitalizations speed market and employment recoveries faster than bad-loan purchases
“When governments recapitalize banks, the recovery and the equity markets and employment tend to happen more quickly than when governments simply buy their bad loans.”
Michael Cembalest Apr 23, 2018 ▶ 37:28 Michael Cembalest – Eye on the Market (Capital Allocators, EP.49)
Mar 4, 2019
Insight
Russo: The Only Investor Advantage Is Non-Taxation of Unrealized Gains
“The government only gives you one advantage As an investor, and that's the non-taxation of unrealized gains, and so you better do something about that”
Tom Russo Mar 4, 2019 ▶ 7:17 Thomas Russo – All About Berkshire Hathaway (Capital Allocators, EP.89)
May 11, 2020
Insight
Siegel: Governments Have Only Three Ways to Raise Revenue
“There are only three ways a government can raise revenue. We can either get it through current taxation, borrowing, which means future taxation, or inflating away the real value of existing debt. Which is taxing the past.”
Larry Siegel May 11, 2020 ▶ 17:41 Laurence Siegel – Current Myths and Long-Term Optimism (Capital Allocators, EP.137)
May 11, 2020 bearish
Prediction Not checkable as stated
Siegel: Massive government money printing will eventually trigger significant inflation
“Nothing has changed, and so we can expect inflation at some point because the government is printing a lot of money.”
Larry Siegel May 11, 2020 ▶ 18:09 Laurence Siegel – Current Myths and Long-Term Optimism (Capital Allocators, EP.137)
Mar 8, 2021 bearish
Insight
Peters: Digital Cash Enables Total State Financial Control and Surveillance
“Once you've moved people off paper money, there's no place to hide. And so that's how the government acquires power through that, because once they do that, well, think of all the things that you can do with that, right? One of the things you can do is you can…”
Eric Peters Mar 8, 2021 ▶ 13:10 Crypto for Institutions 1: Eric Peters – The Macro Case for Bitcoin (Capital Allocators, EP.180)
Mar 8, 2021 neutral
Insight
Peters: Governments Will Not Voluntarily Give Up Seigniorage Power
“Seniorage is a great power. Why would we ever give that up? There's no reason to give it up, and governments, generally speaking, amass power. They don't shed themselves of different powers”
Eric Peters Mar 8, 2021 ▶ 9:05 Crypto for Institutions 1: Eric Peters – The Macro Case for Bitcoin (Capital Allocators, EP.180)
Apr 5, 2021 bearish
Prediction Not checkable as stated
Garcia: Bitcoin will drop to its underlying tech value without government backing
“If governments are not going to embrace it honestly, it should go down to just the technology value of it.”
Dominic Garcia Apr 5, 2021 ▶ 49:21 Dominic Garcia – Risk-based Investing at New Mexico PERA (Capital Allocators, EP.187)
Apr 12, 2021
Assertion Supported
Liow: US government transferred $630B in excess payments before Biden stimulus
“The government transferred six hundred and thirty billion dollars of excess payments To cover off lost wages. It covered it by an extra six hundred and thirty billion before the Biden 1.9 trillion dollar stimulus.”
Yen Liow Apr 12, 2021 ▶ 1:07:05 Yen Liow - The Quest for the Right Tail at Aravt Global (Capital Allocators, EP.188)
Nov 8, 2021 bearish
Prediction Not checkable as stated
Visser: Global governments will keep interest rates low to manage wealth redistribution
“Now, on the government side, they're going to keep rates lower because they can't hurt the distribution of wealth problem, and this is the main thing, is whether it's Japan setting up a wealth distribution council, whether it's China talking about the common p…”
Jordi Visser Nov 8, 2021 ▶ 35:07 Jordi Visser – Analytics and AQ at Weiss (Capital Allocators, EP.221)
Mar 20, 2023 bullish
Insight
Government-mandated price floors create positively skewed compliance carbon market investments
“The governments are often regulating price minimums and even escalating price minimums, which can create unique and interesting and positively skewed investment opportunities for investors.”
Colin Campbell Mar 20, 2023 ▶ 29:17 Colin Campbell – The Case for Environmental Markets (Climate Solutions EP.3, Capital Allocators EP.302)
Sep 11, 2023 positive
Assertion Not checkable as stated
Puffer: Canadian Pensions Maintain Non-Political Governance Independent from Government
“We've also got the strength of governance whereby we're separate from government. It's not political here in Canada.”
Marlene Puffer Sep 11, 2023 ▶ 39:06 Marlene Puffer – Canadian Pension Model at AIMCo (EP.337)
Nov 13, 2023 neutral
Assertion Partly supported
HyperScience processes billions of government forms for agencies like the DMV
“We have a company called HyperScience that processes billions of forms for the government to help basically process everything from DMV to Social Security payouts.”
Rick Heitzman Nov 13, 2023 ▶ 49:31 Rick Heitzmann – New York Venture Investing at FirstMark Capital (EP.350)
Nov 13, 2023 positive
Prediction Not checkable as stated
Heitzmann: Government and independent payers will shift heavily to value-based care
“I think there's going to be a huge shift either on the part of the government or independent payers to a value-based outcome”
Rick Heitzman Nov 13, 2023 ▶ 48:04 Rick Heitzmann – New York Venture Investing at FirstMark Capital (EP.350)
Jan 29, 2024
Insight
Arndt: Millennials and Gen Z Expect Different Policy Due to Scarring
“People who are, say, under 45 today, millennial and Gen Z, really have a very different lived experience, partly because of how old they were when the financial crisis happened, and what sort of jobs they got, what that felt like for them, whether they could a…”
Raphael Arndt Jan 29, 2024 ▶ 9:49 Raphael Arndt – The Death of Traditional Portfolio Construction? (EP.365)
Sep 1, 2025 neutral
Assertion Supported
Arndt: Australia's Future Fund benchmark is inflation plus 4% to 5%
“We do have a benchmark from the government of inflation plus four to five percent over the long term that they've given us.”
Raphael Arndt Sep 1, 2025 ▶ 19:47 CIO Greatest Hits: Sovereign Wealth Funds – Raphael Arndt (Australia Future Fund)
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