Posted on 12/10/2020 2:43:06 PM PST by ChicagoConservative27
FRANKFURT, Germany — The European Central Bank unleashed another half-trillion euro ($600 billion) wave of stimulus as a winter surge in COVID-19 infections shuts down large parts of the economy and wipes out pre-Christmas sales revenue ahead of the region’s most important holiday.
(Excerpt) Read more at nypost.com ...
Right?
No actual wealth has been created.
But, the stock markets roar to all time highs.
This is merely a massive transfer of wealth from individuals who got slaughtered on the economic streets, and their money went (through inflation) to the connected investocrats.
It’s the new serfdom, except the new elite is far more sociopathic and malicious than the most decadent aristocracy of old. They have no concept of Noblesse Oblige.
Destroy the future to prevent the dictators from being drug out of their manors, estates and palaces and strung up on a handy tree or lamp post today.
Yeah, that’s a good tradeoff.
/s
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