
Did Wall Street take over the Treasury? Bank crisis exposes public realities of private banking
Geopolitical Economy Report
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The Predatory Banking System
The Federal Reserve's $9 trillion of quantitative easing has simply been aimed at raising stock prices, bond prices, and real estate prices. The effect on consumption has been to load down households and also industrial corporations with debt,. It's to finance takeovers that use corporate profits to support stock prices. So you could say that the banking system is to bankrupt corporate industry.
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