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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: CalculatedRisk who wrote (38488)10/5/2005 12:45:58 PM
From: benwood  Read Replies (1) of 116555
 
It's at Heinz says over and over -- the gov't counterfeit operation (i.e. "monetary inflation") only benefits those that receive the money first, hence the well connected and wealthy/powerful top 1% stand to be THE group to gain. The farther down the food chain one is from the money drop, the more likely it is you'll see only retail inflation. Raises, if they ever come for the drones, will always lag retail inflation, thus you get all the side effects of the money drop but no (or too little or too late) compensation.

There could not be a better system in place to further enrich the wealthy.
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