super-wealthy

The Super-Wealthy Have a Problem

Authored by Charles Hugh-Smith via oftwominds, The less self-congratulatory camp of the super-wealthy understand the pressure cooker of inequality and unfairness is going to blow unless they relinquish some of their unearned gains generated by Fed policies. The cultural consensus holds that the super-wealthy always manage to come out ahead in any spot of bother. Due …

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The Fed’s “No Billionaire Left Behind” monetary policies are having their intended effect: further enriching the already super-wealthy at the expense of everyone else

Perfect for who? Oh wait I know 👇 pic.twitter.com/pwSqCLIvL5 — Mr. D (@Dalernaz) August 1, 2023 Good Morning Everyone! Fitch just gave the U.S. a credit rating haircut – from AAA to AA+! They point to “expected fiscal deterioration over the next three years”. They also highlight the rising government deficit, which it anticipates “will …

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