Monday, April 12, 2021
Wolf hits the nail as usual
Speaking of the ECONOMIC TARGET of the holocaust, Wolf has come through with the LOUDEST GRAPH IN THE WORLD.
See the first graph in this article.
In 2008 the Federal satan started cranking out "money" and feeding it SOLELY to NYC. Since then the net worth of the top 1% has gone from 5 million to 12 million, while the net worth of the bottom 90% is unchanged.
90% of the population hasn't gained anything at all in 12 years. NYC has doubled its wealth.
The fastest increase for the monsters has happened during the holocaust.
Wolf pulls apart types of assets to show how precise the targeting is:
So when the Fed inflates the housing market, most people in the bottom 50% don’t benefit because they don’t own a home. But they have to pay more to rent, and they get further locked out from buying a home. The second largest category at the bottom 50% is durable goods of $8,899 per person, such as appliances, cars, and cellphones (green line). That amount ticked up over the last three quarters as folks used their stimmies from the government (not the Fed) to buy some durable goods. Stocks and mutual funds, the smallest category of the assets, account for only $1,131 per person (red line). So when the Fed inflates the stock market, the bottom 50% don’t benefit at all. That’s reserved for the top 10%.Note especially 'the bottom 50% don't own a home'. Go back to my detailed look at the 1940 Census in Enid. I was comparing a white working-class neighborhood with the black part of town. In both of those areas 60% of people owned their homes. Maybe Enid was atypical, but it's still a dramatic difference. In 80 years the lower half went from majority owners to very few owners. ¶ 2:51 PM
