General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Frederick Miles
The Hill
comments
Comments by "Frederick Miles" (@frederickmiles8815) on "NEW POLL: Voters Say U.S. Does Not Do ENOUGH To Redistribute Wealth As Billionaire Club GROWS" video.
Why dont these finanical illiterate folk understand it is the Fed; QE built the asset bubble which made a wealth gap into a canyon - this is what happens when you monetize massive amounts of debt in order to artifically suppress interest rates; trapping insane amounts of liquidity in financial assets. You want to eliminate more than half of all billionaires? Let the free market set the rates; at 6, 12, 18+ percent, overnight the majortiy of paper money will collapse. Or keep shaking the Magic Money Tree and watch things get worse...
1