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by codingmyway
3628 days ago
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It might have something to do with the fact that the weaker the economy gets the more the rich get rich and people know it. Whether they recognize that it through inflating of the stock market, bonds and real estate with cheap credit or not. Central bankers can't seem to get it into their thick heads that their 'wealth effect' is a 'poverty effect' for those who didn't get the chance to own those assets before they pumped them up out of reach. The fact that the central banks of Japan and Switzerland own most of the companies that we are employed by and pay money to thanks to their ability to create money out of nothing should make people angry. |
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