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Commodities prices might not be increasing right now, but that's not the point. The point is, Jeff Bezos's wealth is approaching $200B, Elon Musk is not far beh
by mamon 6y ago
Commodities prices might not be increasing right now, but that's not the point. The point is, Jeff Bezos's wealth is approaching $200B, Elon Musk is not far behind. Quantitive Easing and similar policies seem to be designed to increase wealth inequality - one more decade of such policy, one more big crisis, and all wealth will be concentrated in the hands of 0.01% richest men. Meanwhile middle class businesses are being drawn to banktruptcy by COVID-related lockdowns. We are slipping back in feudalism - soon most people will be at mercy of government, and small elite of billionaires.