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Politics : View from the Center and Left

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To: Jamie153 who wrote (448345)8/6/2020 10:51:16 AM
From: koan  Read Replies (1) of 541099
 
I was thinking last night. The fed is debasing the currency by giving trillions to Wall street and even helping companies who do not deserve it.

This is running our debt to the moon.

We can see this in the huge rise in gold and silver and the declining dollar.

This will be inflationary and we all know who inflation hurts. Main street.

Wall street can ride out inflation with investments.

So that will further hurt our already horrible income inequality.

When something like 1% own 90% of the nations wealth that is a cancer on our society.

JMO.
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