Federal Reserve-generated increases in money supply cause economic inequality. This is because, when the Fed acts to increase the money supply, well-to-do investors and other crony capitalists are the first recipients of the new money. These economic elites enjoy an increase in purchasing power before the Fed’s inflationary policies lead to mass price increases. This gives them a boost in their standard of living.
By the time the increased money supply trickles down to middle- and working-class Americans, the economy is already beset by inflation. So most average Americans see their standard of living decline as a result of Fed-engendered money supply increases.
"A Arte da Fuga" ("Die Kunst der Fuge", BWV 1080) é uma obra-prima de Johann Sebastian Bach:
um único tema musical persegue-se, a si mesmo e as múltiplas variações, num diálogo musical intenso desenvolvido a diversas vozes, rico de simetrias, inversões, ritmos e tempos diferentes.
Fugas para aartedafuga@gmail.com
quarta-feira, novembro 30, 2016
End the Fed
End the Fed To Really ‘Make America Great Again’:
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