The US government taking equity stakes in companies (e.g., Intel's 10%) is effectively confiscatory theft because existing shareholders are diluted, and we should expect more such state-capitalist behavior going forward.
normativepending
Speaker
Matt SmithEvidence Quote
“all the other current shareholders got diluted for that to occur ... that's definitely feels like theft and I think you can expect more the government to become more uh confiscatory along the way”
Source
Matt Smith: Gold, The Changing World Order & USA Strategic Investment in Critical Mineral— Palisades Gold RadioCreated: 6/18/2026, 1:57:53 PM
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