
214 - Are the central banks working for you? Or big money?
The David McWilliams Podcast
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The Fed Knows That Zero % Interest Rates Will Stoke Asset Prices
The fed knew that this licy of zero % interesti quantitative easin, was going to stoke asset prices. And critically, at this point, i must say, this isn't some analysis or like unexpected side effect. The rich guy will spend loads, and the poor ga get some crumbs. Exactly. So they knew it. What i'm trying to say here is this stoked asset price by design. Anhonig was the only guy willing to vote against it because he said, this is going to dramatically increase the divide between rich and poor. It ruined his career. This guy was pushed out of the circles of like, respectable dialogue because he bringing up this point and voting
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