+- +-


Welcome, Guest.
Please login or register.
Forgot your password?

+-Stats ezBlock

Total Members: 51
New This Month: 0
New This Week: 0
New Today: 0
Total Posts: 14133
Total Topics: 268
Most Online Today: 47
Most Online Ever: 137
(April 21, 2019, 04:54:01 am)
Users Online
Members: 0
Guests: 6
Total: 6

Author Topic: Money  (Read 8092 times)

0 Members and 0 Guests are viewing this topic.


  • Administrator
  • Hero Member
  • *****
  • Posts: 31121
  • Location: Colchester, Vermont
    • Renwable Revolution
June 6, 2019


In short, not only is the Fed screwing the poor... it is doubly screwing the poor!

What is the Fed's defense to this argument that it has been the primary driver behind wealth and income inequality? As BofA tactfully puts it, "monetary policy is a blunt instrument and the Fed's goal is to focus on the macro, not the micro."

In other words, in the grand scheme of things the Fed's job is to focus on those pathways that make the rich richer, even if in the process the poor become even poorer, and the US middle class erodes.

It is this monetary framework, more than anything, that the current iteration of the Fed will do everything in its power to protect.

Should it be successful, one thing is certain: the implementation of more "bubble" policies that create even greater social inequality, one which - as the French discovered in the late 18th century - inevitably culminates in revolution.

full article:

Agelbert NOTE: Past is prologue. I cede the floor to Dietrich Bonhoeffer, who was executed as a "traitor" in NAZI Germany.
By Bonhoeffer’s own account, he and his co-conspirators were living in a time and place in which “the huge masquerade of evil has thrown all ethical concepts into confusion” and in which evil appears in the “form of light, good deeds, historical necessity, [and] social justice.” They were living in a time that required a radical form of ethical discernment, attuned to concrete reality, historical urgency, and the desperate cries of help from victims of the state.

Madame DeFarge
Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12


+-Recent Topics

November 19, 2019, 08:16:10 pm

Science by AGelbert
November 19, 2019, 04:09:49 pm

Plants Which are BOTH Nutritional and Medicinal by AGelbert
November 19, 2019, 03:39:22 pm

Corruption in Government by AGelbert
November 19, 2019, 02:35:56 pm

War Provocations and Peace Actions by AGelbert
November 19, 2019, 02:29:30 pm

2020 Presidential Election by AGelbert
November 19, 2019, 02:08:15 pm

Doomstead Diner Daily by AGelbert
November 19, 2019, 12:56:45 pm

Future Earth by AGelbert
November 18, 2019, 09:31:24 pm

🚩 Global Climate Chaos ☠️ by AGelbert
November 18, 2019, 09:18:31 pm

Pollution by AGelbert
November 18, 2019, 05:58:47 pm