Saturday, July 1, 2017

Central banks destructive policies have made the top 1% wealthier beyond its wildest dreams

However, after generations of largely uncontested and unquestioned monetary policy where only the occasional "tinfoil" fringe blog dared to say that central banker emperors are not only naked and clueless but are also the cause of the world's biggest problems, more and more voices are emerging to both challenge the prevailing monetary religiuous dogma as well as daring to tell the truth.One example was Bank of America's chief strategist, Michael Harnett, who on Friday confirmed what we had been saying for years, that  "central banks have exacerbated inequality via Wall St inflation & Main St deflation" and that the Fed failed in its mission to make the poor richer, instead its destructive policies have made the top 1% wealthier beyond its wildest dreams, and have been directly responsible for such political outcomes as "Brexit" and "Trump."
Yes they have, and done it by fixing government interest charges.  

Bernanke's discretion thus making nullification of federal law allowed.  The nullification involves replacing central bankers with bots.  This also means Kanosians are war criminals. 

No comments: