AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Fed Is Running a Trickle Down Economic Scheme That Works by Subsidizing the Rich People
The fed is running a trickle down economic scheme that works by subsidizing rich people. And so you start to get into this very seventies staglationary situation where the market sort of continues its grim slide and prices keep going up. The capacity of that insta depression to reverse the inflationary phenomena in the market is not very clear.