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The Federal Reserve has increased it's balance sheet massively in 2008 and then again in COVID, the money is supposed to go into re-establishing the economy. B
by jollybean 5y ago
The Federal Reserve has increased it's balance sheet massively in 2008 and then again in COVID, the money is supposed to go into re-establishing the economy.
But instead of hiring workers, Blackrock is buying homes of those workers, probably a little cheaper, and using leverage to turn people into serfs.
Like 'Socialism for Capitalists Only'.
We really need to be careful about this.