Sunday, October 26, 2014

Central Banker Admits Central Bank Policy Leads To Wealth Inequality

From Zero Hedge:

Six years after QE started, and just about the time when we for the first time said that the primary consequence of QE would be unprecedented wealth and class inequality (in addition to fiat collapse, even if that particular bridge has not yet been crossed), even the central banks themselves - the very institutions that unleashed QE - are now admitting that the record wealth disparity in the world - surpassing that of the Great Depression and even pre-French revolution France - is caused by "monetary policy", i.e., QE.

http://www.zerohedge.com/news/2014-10-22/central-banker-admits-central-bank-policy-leads-wealth-inequality

No comments:

Post a Comment