Rising stock prices clawback wealth from the poor and hand it to the rich. It's Robin Hood in reverse, and here's what it looks like in the United States.
Why would Very Serious People complain if they’re the ones benefiting? Because they only complain about the money printer when it might benefit the rest of us. Second Thought: Why The Government Has Infinite Money
Why would Very Serious People complain if they’re the ones benefiting? Because they only complain about the money printer when it might benefit the rest of us. Second Thought: Why The Government Has Infinite Money