US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs
Geopolitical Economy Report
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Silicon Valley and Wall Street
The head of the Federal Reserve, Jerome Powell, admitted that the goal is to get wages down. The working people and poor people who lose their jobs and are unemployed, they don't get bailed out,. but Silicon Valley does get bailed out. Oligarchs like David Sachs from the PayPal mafia, I'll talk about him in a second, They're intentionally trying to deceive people to make it seem like this US government bailout is part of populism to resist Wall Street. Literally it's the opposite. It's helping Wall Street and it's helping Silicon Valley oligarchs.
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