They got it right is that government does not represent their constituency.
The fallacy of the bubble being a function of unfettered markets and the outcomes of those so-called equitable outcomes: http://tinyurl.com/3pxzaed
Of course the dollar losing 95% of it’s value since 1913 (inception of the Fed) has nothing at all to do with the widening gap in wealth. Inflation and deflation were balanced prior to the Fed, but the trend is unmistakably steady and massively accumulated inflation inflation since the Fed. The wealthy receive this new money before anyone else, giving them an incalculable advantage over the poor, who receive the money last. The wealthy have ways to protect against inflation, but the poor do not. http://tinyurl.com/3z2w2fb
They got it right is that government does not represent their constituency.
The fallacy of the bubble being a function of unfettered markets and the outcomes of those so-called equitable outcomes: http://tinyurl.com/3pxzaed
Of course the dollar losing 95% of it’s value since 1913 (inception of the Fed) has nothing at all to do with the widening gap in wealth. Inflation and deflation were balanced prior to the Fed, but the trend is unmistakably steady and massively accumulated inflation inflation since the Fed. The wealthy receive this new money before anyone else, giving them an incalculable advantage over the poor, who receive the money last. The wealthy have ways to protect against inflation, but the poor do not. http://tinyurl.com/3z2w2fb
FDR Cleaning up Hoover’s mess? http://tinyurl.com/le7uz7
How did we become a plutocracy? http://tinyurl.com/3ju296e
How to turn it around: http://tinyurl.com/3mm3g6b