The inequality isn't real
93% of the shares of the US stock market are owned by 10% of families, But..
They can't spend the money to consume. They can only buy real estate, stocks, or other investments. If they actually USE the money, then it hyperinflates the currency.
In other words, the reason there isn't hyperinflation is BECAUSE there's inequality. Fractional reserve asset pumps only work if the vast majority of the population can never realize it's fake, because the money isn't used to consume.
Trump's latest twist doesn't change much from yesterday's podcast, to discuss the economic and political landscape from a philosophical perspective, and practically how you can gain:
Web: https://podcast.simplifiedprivacy.com/usd-shitcoin/index.html
This is why when someone says X trillion was wiped from stocks values I say bring it on - it mostly hurts those who already have way too much.
The inequality is very real though and it will stay that way for as long as the few can issue unlimited amounts of the money everyone else works for.
well, it is as real as the psychology in the mind of the peasant
