3 ms·
The fed has chosen to bleed the poor and middle class to keep the government spending, housing and stock market bubbles going.
by mcs5280 5y ago
The fed has chosen to bleed the poor and middle class to keep the government spending, housing and stock market bubbles going.
- SubiculumCode 5y agoThis is the opposite of what is happening. There has been a massive transfer of wealth and income to the middle and lower classes at a rate that exceeds inflation, and that I hope will lead to sustained growth of the middle class.
- Supermancho 5y ago> This is the opposite of what is happening. This is exactly what is happening. The motivations may be partly^ different, but the result is one of the wealth inequality gap growing. ^I'm not sure how it could be incidental, given the obvious consequences.