Central Banking Is Socialism Rigged in Favor of the ‘Elites’?


 

But the middle class gets to ‘enjoy’ the inflation created.

(From Money and Markets)

Economic elites benefit when the Federal Reserve pumps new money into the economy because they have access to the money created before there are widespread price increases and they also enjoy most of the stock market gains.


Reprinted from: https://www.ac2news.com/2020/03/central-banking-is-socialism-rigged-in-favor-of-the-elites/

0 0 votes
Article Rating

Follow Against Crony Capitalism on:

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments