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Canadian Wages are Dropping at an Alarming Pace

The Loonie Hour

CHAPTER

The Effects of Income Inequality on Asset Holders

I hate central bankers because they can by continuing to suppress interest rates for as long as they did. They basically just handed over an incredible amount of wealth from the labor class to the capital class. And now we're seeing the effects of that, whether it's through social frictions or some sort of debt jubilee which will again benefit the asset holders. It's really, really frustrating to anyone who's paid attention to history and that kind of stuff.

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