All The Printed Money Went To The Rich! (Jimmy Dore)

Ever since the 2008 financial crisis the federal reserve has been printing money at breakneck pace, leading to the recent huge spike in inflation. Unfortunately for average working Americans, the vast majority of that printed money has been vacuumed up by the wealthy and corporations, leaving the rest of us to pay higher prices for food, medicine and housing without earning enough money to do so.

Jimmy talks to Colonial Metals CEO Paul Stone about how the rich and powerful consistently elbow their way to the front of the line whenever the Fed’s money cannon comes out.



[Posted at the SpookyWeather2 blog, August 30, 2024.]