> And how do politicians use the stock market to take money from anyone? Well not politicians quite, but IMHO western bond buying is driving up asset values an

> And how do politicians use the stock market to take money from anyone? Well not politicians quite, but IMHO western bond buying is driving up asset values and fundamentally increasing economic stratification. PCE is a trash measure. It's like our monetary policy says "make sure workers keep working, make sure their feedstuffs stay cheap, and don't worry whether they have a meaningful opportunity to acquire ownership of the economy."