8 years ago
1
"The Only Way The Rich Get Richer Is If The Rest Of Us Get Poorer"
Deflation is a bitch. The only way the rich can keep getting richer is if the rest of us keep getting poorer. Economic growth is a thing of the past. Deleveraging has started for real. Huge amounts of zombified ‘money’ are disappearing as we speak. That leaves the world with a lot less wealth. And still the rich seek to get richer, and they are in charge. The math is simple... but there is a point when the can gets so big and heavy, no-one can kick it down any road anymore.
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"The Only Way The Rich Get Richer Is If The Rest Of Us Get Poorer" totally wrong, money is created every second in the private sector and is in most part a good thing.
“Money” is vanishing fast, and the only way it can even seem to return is if central banks do more QE,..." Not so, as the related link displays.