Central Bank “Stimulus” is Really a Huge Redistribution Scheme
Winners: Government, big business, and Wall Street.
Losers: Everybody else.
(From Mises)Why, it is the wage-earner and saver and anyone else with deposits at the bank…These are the very people who, in a bizarre twist of macroeconomic logic, we are told benefit from having the prices of their everyday purchases continually increased.
Reprinted from: https://www.ac2news.com/2019/10/central-bank-stimulus-is-really-a-huge-redistribution-scheme/
