From the Liu article:
Quote
The solution then is to make the working poor pay for the pain of inflation by giving the rich a bigger share of the monetized wealth created via inflation, so that the loss of purchasing power from inflation is mostly borne by the low-wage working poor and not by the owners of capital, the monetary value of which is protected from inflation through low wages. Thus the working poor loses in both boom times and bust times.

I think that all three of the articles in our posts are in agreement, that the debt is feeding the coffers of the rich... that no real gain is being realized, but that as accounts are eventually balanced, it will happen at the expense of middle America.

Keeping a 5 trillion dollar bailout for the wealth class, is well worth the few hundred million dollars of bribes.

"I calls 'em as I sees 'em. LOL mad


Life is Good!