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"I don't think there's been any greater engine of inequality than the Federal Reserve Bank of the United States the last 11 years." - Stan Druckenmiller
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I wish more people woukd catch onto this.
Yeah. I have had woke former coworkers go work at the Fed to work on “equality”
So fucking laughable
💀
You would think the Cantillion effect would resonate with the people wearing wealth inequality complainy-pants, but the argument falls on deaf ears. They juat want to be the new Cantillionare's because they are stuck in ”The System" instead of searching for a new system.
Wealth inequality will never go away, but we use a system that rises all boats to escape the system of sinking ships and a few fancy life rafts.
This…
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Come on… 11 years? 1980 people were already complaining about welfare state. Let’s put the right names in the right place, shall we? The greater engine of inequality was and still is the growing government of the United States of America.