Despite her platitudes to the unemployed (here) and the poor (here), it is clear Janet Yellen’s Federal Reserve policies are aimed squarely at only one segment of the US population – the wealthy. The reason is simple… with an economy built on the back of conspicuous consumption, it’s only the top quintiles of the population’s income earners that spend-spend-spend to keep the dream alive. What’s good for the ‘wealthy’ is good for America, right?
This post was published at Zero Hedge on 09/25/2014.
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