
Episode 55: Christopher Leonard
Krystal Kyle & Friends
00:00
What's Next for the Working Class?
A study of quantitative easing in two thousand 12 found that it had directly subsidized the corporate debt markets to the tune of about 300 billion dollars. At the same time, quantitative easing had simultaneously punished households that were trying to save money to the Tune of 360 billion. So we have a decade of lost a advancement for the middle class. And then we have another reckoning, another financial bubble that could potentially collapse in an almost an identical fashion to what was starting to happen in 20 20.
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