“Monetary Policy” Transfers Your Children’s Future
Earnings to the Financial Elite
By Charles Hugh Smith December 25, 2009 The bail-out of Wall Street and the banking and mortgage industries is not monetary policy; it is a massive transfer of wealth from future taxpayers to the Financial Power Elite. The monetary-policy terminology of “quantitative easing” and “bail-out” is a masterstroke of propaganda, for it purposefully masks an [...]
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Filed under: Economy, Opinion, Politics




