In this week’s Off The Cuff podcast, Chris and Wolf Richter discuss:
- Only An Elite Few Benefit From The ‘Wealth Effect’
- The System Is Purposely Insidious
- Only Revolution Will Change Things At This Point
- What The Heck Is The Fed Up To Next?
Get ready for ‘no punches pulled’ barnburner of a discussion. Both Chris and Wolf are hopping mad at the increasing squeeze our system is placing on the masses — the ‘wealth effect’ created by current Fed policy is only enjoyed by the already stinking rich, and everyone else is being left fewer and fewer crumbs.
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