The COVID Meta-Fraud with Ed Dowd (WiM277)
The "What is Money?" Show
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Who Did Well in the Last 12 Years?
The Fed pumped money and started doing unprecedented things that they had never done before. That credit went into the real estate bubble, which blew up famously in the great financial crisis. So who did well in the last 12 years? If you're in the C suite of a corporation,. You did well because stocks were pumped up from the easy money. It didn't go out into the real economy. It went into financial assets. The pharmaceutical industry saw dollar signs. They've made billions. Then you had the tech companies who saw dollar signs from surveillance. People got to remember there was a whole lot of chatter about surveillance and monitoring of the COVID vaccines, vaccine passports. But that was a big
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