Who loves math? Of course you don't, that's why it's so easy for the oligarchs to steal from you. Today we won't focus on the over $100 trillion in unfunded liabilities. We'll focus on a very simple subject, the $6 trillion the federal reserve has used to prop up the oligarchy since 2008.
Let's look at $6 trillion. It is $6,000,000,000,000. This number can be broken up into $6 billion for 1,000 people, or $600 million for 10,000 people, or $60 million for 100,000, or nicely into $6 million for one million people.
Now let's think about 'the one percent". The population of the U.S. is somewhere over 300 million. So 1% of that would be about 3 million people. So instead of saying that one million people each got $6 million, lets say that 3 million people got $2 million each. Do you see what I'm saying?
I'm saying that the federal reserve has invented money over the past 12 years to support the stocks and houses and other assets of the top percentages of the population. Yes it all didn't go to the one percent, there were some others in the upper echelons that profited nicely as well. Plenty of upper middle income folks that made thousands and even hundreds of thousands.
But if you study the charts on this stuff the vast vast majority goes to those in the 1%, and especially the upper 0.1%. So basically all those trillions, it's easiest to think about it like this: that the top one percent, 3 million americans, each got $2 million dollars of personal, private economic support. The rest of us need to just keep going to "earn" our money while the oligarchs get to "unearn" everything and play the keep away game until us suckers finally wise up.
Yes folks, the old "trickle down" ruse is alive and well, and about as ineffective as ever. You are living through phase II of that playbook. The rich and famous are up to their old tricks all over again. It's enough to make you vomit ... or finally actually do something about it.
