Tuesday, March 25, 2014

Real Income Inequality brought to you by the Federal Reserve

Political Outcast has a great article on where the "real" income inequality in our society lies.  When the pundits claim that the economy is looking up when in fact the only thing that has moved up is the stock market, then you know that you, even those with a few investments, are not part of the "in crowd".  No, this game is being played by the big boys, the banks, Wall Street, the Fed, and those with the political connections to take advantage of these other institutions.  There are a few people out there decrying this unbalanced playing field, but not enough with any power to actually make a difference in the long run.  For the average American, stand by as your true wealth continues to diminish over time, not because of any bad decisions you have made, but because the Federal Reserve is not committed to protecting your interests or that of the country but merely in maintaining the status quo for their true members. 

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