The Federal Reserve is the primary obstacle to reducing income/wealth inequality. Those who support the Fed are supporting a neofeudal arrangement that widens the income/wealth gap by its very existence.
The issue of income/wealth inequality is finally moving into the mainstream: which is to say, politicos of every ideological stripe now feel obliged to bleat platitudes and express cardboard "concern" for the plight of the non-millionaires with whom they personally have little contact.
I have addressed the complex causes of rising income/wealth inequality for years.Indeed, my book Why Things Are Falling Apart and What We Can Do About It is largely about this very issue.
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Great Point
ReplyDeleteEnd the Fed. Yes, but how?
ReplyDeleteCant do that,its uncle sugars piggy bank.
ReplyDeleteIndeed the Fed is the biggest problem in America. Many believe the Captain of the Titanic was paid to sink the Titanic just to make sure the Fed Reserve bill became law.
ReplyDeleteWhether you believe that or not the fact is the Fed charges interest on every penny of money in existence in America. They print new money giving nothing in return and buy Stocks and Property. They are stealing America.