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Episode 55: Christopher Leonard

Krystal Kyle & Friends

00:00

Quantitative Easing

In the first century of its existence, the fed printed about 900 billion dollars. And then in about four years, the fed expands that pool by three point five trillion. 350 years worth of money printing in about four and a half years. That sets us into a whole new era of hyper financialization, overheated speculation on wall street,. massive increase in debtd, and this easy money era that has wildly inflated asset prices while doing very little for the working class.

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