Replying to Avatar Steve ₿TC

US appears to be drifting towards soft YCC: good for borrowers and asset owners; bad for savers.

Capped yields + inflation = negative real returns on bonds/cash.

Middle class savers/bond-holders gets destroyed more.

Better get some sats.

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Steve ₿TC 3mo ago

Just to put in perspective of how destroyed the middle class is today.

Top 1% of US earners now have more wealth than than the entire middle class:

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