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by mamon
1976 days ago
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Commodities prices might not be increasing right now, but that's not the point. The point is, Jeff Bezos's wealth is approaching $200B, Elon Musk is not far behind. Quantitive Easing and similar policies seem to be designed to increase wealth inequality - one more decade of such policy, one more big crisis, and all wealth will be concentrated in the hands of 0.01% richest men. Meanwhile middle class businesses are being drawn to banktruptcy by COVID-related lockdowns. We are slipping back in feudalism - soon most people will be at mercy of government, and small elite of billionaires. |
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