Charles Hugh Smith: Abolish the Engine of Inequality, the Federal ReserveSubmitted by Diamond Dog on Thu, 05/01/2014 - 05:03
by Charles Hugh Smith
The Federal Reserve is the primary obstacle to reducing income/wealth inequality. Those who support the Fed are supporting a neofeudal arrangement that widens the income/wealth gap by its very existence.
The issue of income/wealth inequality is finally moving into the mainstream: which is to say, politicos of every ideological stripe now feel obliged to bleat platitudes and express cardboard "concern" for the plight of the non-millionaires with whom they personally have little contact.
I have addressed the complex causes of rising income/wealth inequality for years. Indeed, my book Why Things Are Falling Apart and What We Can Do About It is largely about this very issue.
Here is a selection of the dozens of entries I have written about rising income/wealth inequality.