The Fed and the other major world central banks are pumping huge amounts of money into global markets while busy ‘easing’, which means ‘lowering interest rates’.
Their plan is for all this funny-money to boost further the stock markets, er ““markets,”” which is very popular with both the domestic politicians and the international Davos crowd that central bankers prefer to hang around with.
Thus, every social pressure the central bankers are exposed to is 100% in support of continuing to pump up financial asset prices.
Simultaneously, our politicians are also busy passing a dizzying array of new tax laws and other protective measures that assure the bulk of the economy’s riches flow preferentially into the pockets of their largest donors.
That’s why our national income distribution chart looks like this:
With wealth and income inequality an active policy aim, the entire top of the power pyramid is actively conspiring against the well-being of us ordinary folks.
And it’s been going on for a long time, too.
Before anybody says, “it’s Trump’s fault!” or “it was Obama’s fault!”, I’d like to put forward this short list of US Congress members who have each served in office for over 37 years:
It’s a much longer list if you expand the filter to 20+ years of service.
As the bottom 50% has been getting reamed over the past 4 decades, the cast of characters in the list above has been in office the entire time.
by cmartenson 
