Monday, April 30, 2012

Wealth Gap in America Caused by Federal Reserve, Not Capitalism

The truth that Americans just can't handle: the Federal Reserve is the cause of our economic misery.
When most people hear about the redistribution of wealth they think of welfare payments and health care for the elderly, but the real redistribution of wealth is from the 99% to the 1%, not the other way around. The rapid expansion of the money supply by the Federal Reserve does not flow into the economy evenly, but is added in at distinct points.
Read the rest here
Policymic 

Judy Morris,
Blogger, THL
Articles | Website