3 ms·
All this "growth" is largely driven by the debt and grand wisdom of the Fed's monetary policy. Those closest to the money printing press get undiluted gains and
by whb07 7y ago
All this "growth" is largely driven by the debt and grand wisdom of the Fed's monetary policy. Those closest to the money printing press get undiluted gains and by the time that money circulates back down to the general population, they are robbed from their wealth by devaluing the currency. Furthermore, looking at the money supply, the banks aren't actually distributing and lending out that capital like they should. Long story short this is a direct causation of government policy.