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The Fed and Money Printing
Today's oligarchs are sort of a coalition of capital comprised of Wall Street, the big banks, massive corporations, and the political elites. Our national debt increased by $13 trillion during Biden and Trump administration essentially had the same fiscal and monetary policies. Meanwhile, hourly wages have gone up 3.5% since 2016 while the top 0.1% of households on the top 130,000 households have seen their income increase by 30%. So the top dogs, the fat cats are have got 10 times richer from that huge influx of wealth into the market.