All Three Guilty
The Young Turks
00:00
The Fed Isn't Creating Dollars in the Bank Accounts of Ordinary Americans
When the fed prints money, it essentially ges in an extreme form of trickle down economics. The federal reserve can only create dollars inside the bank vaults of 24 elete institutions on wall street called primary dealers. So many years of easy money policies by the federal reserve have been rocket fuel for private equity firms like the carlyle group because cheap debt is their life blood. It funds their ambitious takeover plans and even funds their pay checks directly. We got to take a break now, though, and when we come back, i will you emigrants.
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