World-News: The Fed helps Wall Street at the expense of Main Street

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The Fed helps Wall Street at the expense of Main Street

Competitive Enterprise Institute
by Matthew Melchiorre

10/05/12

Mr. Bernanke s description of QE3 as a 'Main Street' policy' is incorrect. The Fed distributes its newly created money by buying securities from large financial firms. These businesses receive the dollars before anyone else in the economy and thereby become relatively wealthier than those without their close political connections...

http://tinyurl.com/9l396cp

Informant: Thomas L. Knapp

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11 Myths About the Fed, Refuted
http://lewrockwell.com/woods/woods204.html

The United States of Carlo Ponzi
http://lewrockwell.com/north/north1216.html

--------

Bernie Sanders: More Tax Breaks for the Wealthy: Obscene, Immoral, Bad Economics
http://www.commondreams.org/video/2012/10/10-0

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Our Economy is a Ponzi Scheme
http://www.realecontv.com/videos/central-banks/our-economy-is-a-ponzi-scheme.html

http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Bernanke
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Federal+Reserve
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Bernie+Sanders
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Ponzi
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=central+banks
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Wall+Street
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Main+Street
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=QE3
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=swindle
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=wealthy
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=super-rich
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=tax+break
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Matthew+Melchiorre
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=com/woods
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=com/north

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Starmail - 8. Okt, 09:07

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