Reply To: The Great Depression


I’m not sure if that’s true or not, but it would make sense.

Look at our current situation. If we wanted to enrich the already wealthy and impoverish the poor and middle class, our beloved humanitarian overlords picked the perfect economic policy. Quantitative easing has, since the depths of the 2008 financial crisis, sent the stock market up 150%, with 80% of that new “wealth” going to the top 10% of earners. Everyone else gets rising prices and an absence of firms to compete for their labor.