Economics/Class Relations

Expert EXPOSES Central Bank’s Socialism For The Rich

Central bank policy since 2008 has not been aligned to capitalism. It has been corporate socialism. QE, if it had to be used, should have been transitory with a definite end date. The FED and the ECB has created institutional moral hazard, which is distorting the global economy leaving everyone that doesn’t earn the majority of their income through assets far worse off.

Leave a Reply