Quantitative Easing has been the fuel for rising inequality and welfare for the modern Gilded Age

Quantitative Easing has been the fuel for rising inequality and welfare for the modern Gilded Age

President Fisher from the Federal Reserve Bank of Dallas mentions QE’s gift to the rich.

from MyBudget360.com:

As the Fed begins to slightly ease up on Quantitative Easing the reality of the winners and losers is becoming more apparent.  QE was welfare for the wealthy and even President Fisher of the Dallas Federal Reserve Bank hints at QE being a massive gift to boost wealth.  Well if we merely look at wealth across America, the only group that saw wealth increase after the recession ended was the top 10 percent.  QE was ushered in under the guise of helping the nation overall but what we have seen is massive low-wage work taking over good paying jobs while banking profits hit new record highs.

Read More @ MyBudget360.com

LivingForLonger.com brings you all the latest news and information on health, longevity, liberty and quality of life. Support the site by sharing what you find! In the meantime, if you care about your health, check out Cancer Uncensored - The Book - Your step-by-step guide to cancer prevention, early detection and cancer survival.

You may also be interested in:

An Introduction To LivingForLonger.com - About Us.
Episode 001 - The Living For Longer Show
11
Like
Save

Comments

Write a comment

*