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They’ve said this publicly many, many times. It’s quite incredible that the Left have not made the connection between the Fed openly aiming to increase wealth
by esja 5y ago
They’ve said this publicly many, many times.
It’s quite incredible that the Left have not made the connection between the Fed openly aiming to increase wealth inequality (which is what this is) while also keeping a watchful eye out for any wage inflation (which is the only way the common person can keep up).
https://digitalcommons.trinity.edu/econ_faculty/31/ https://digitalcommons.trinity.edu/econ_faculty/31/
Search for Bernanke wealth effect or any variation you like. The BIS and other central banks talk about it openly as well.
The central banks are the biggest engines of wealth inequality in the world, and it’s all done in the open with barely any pushback.