The Great Recession - What We Did Not Want to Do

More than half a trillion dollars went to the richest 20 % of american households. This is what created resurgent inflation and inflation expect sthis is what broke the world. Green span's magic trick inflating wealth without sparkling inflation in the real onomy is dead. There is no more room for monetary policy to create free wealth, for these growth lines to separate further. And the only realistic way for that to happen is for the wealth growth line to go down a lot. A nation wide collapse in home prices, like in two thousand eight and two thousand nine, is only a modest dip. Roughly speaking, we need a wealth destruction event that's equivalent to the two thousand eight two