The ongoing monetary inflation we’ve seen from the Federal Reserve over the past several decades has produced a period of apparent wealth due to asset price inflation.
The Fed dumps money into the system, "sterilized" by ensuring only asset prices rise. This makes the 0.1% fatter. Then, they demand normal workers accept raises below inflation, widening the wealth Gap. America loses.
Yes, this seems to be the major play experienced in the western financial system. And the problem in understanding this was why did we have rampart inflation in assets via debt but no significant inflation in cost of living? As a friend pointed out to me that coincident with people inflating assets via borrowing lots of money consumer goods prices where reduced via offshoring to China. This offshoring created via WTO policy started in the 70's so it really is the end of a major cycle. In my mind the CCP seems to be having a messy divorce with the globalists so our cost of living is skyrocketing as this "China cheap goods" buffer is now being removed. The spate of destruction in regard to food and fuel logistics globally is a worry for the immediate future?
The Fed's multi-decade currency creation is going to vest in real goods driving prices much higher. For a period it was parked primarily in paper financial assets.
The Fed dumps money into the system, "sterilized" by ensuring only asset prices rise. This makes the 0.1% fatter. Then, they demand normal workers accept raises below inflation, widening the wealth Gap. America loses.
The fiat debt currency system is designed to extract wealth from the masses.
Yes, this seems to be the major play experienced in the western financial system. And the problem in understanding this was why did we have rampart inflation in assets via debt but no significant inflation in cost of living? As a friend pointed out to me that coincident with people inflating assets via borrowing lots of money consumer goods prices where reduced via offshoring to China. This offshoring created via WTO policy started in the 70's so it really is the end of a major cycle. In my mind the CCP seems to be having a messy divorce with the globalists so our cost of living is skyrocketing as this "China cheap goods" buffer is now being removed. The spate of destruction in regard to food and fuel logistics globally is a worry for the immediate future?
The Fed's multi-decade currency creation is going to vest in real goods driving prices much higher. For a period it was parked primarily in paper financial assets.