Friday, April 8, 2011
The Fed Is Murdering the Middle Class
SEE HERE Here you go! This is what happens when the Fed just prints money. It drives inflation and the people who are hurt the worst by inflation are those who are the economic mainstream, the Middle class. The poor are hurt too of course, but they are also partially immunized by various distribution programs. The Middle class is just pushed down. The rich have lots of strategies they can adopt to avoid the most serious damage, but the Middle class generally just get squeezed.
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