Guys, I don’t think it’s a coincidence that the U.S. (and other countries) has racked up trillions of dollars of new public debt in the past 20 years, while simultaneously producing more billionaires them ever.
In 2020, a year from hell for most businesses, we saw the creation of more billionaires (660 new ones), than the entire sum of billionaires in existence in the year 2000 (470 total billionaires).
How could something like that happen? How could debt, financed through federal reserve promise notes and PRINTED MONEY, possibly lead to more billionaires in both the US and worldwide? Don’t forget, most other countries have miserable amounts of public debt as well.
I’ll cut to the chase. There is no way we could have so many new billionaires, along with such exorbitant levels of indebtedness without there being a deliberate effort to steal from the poor (mostly everybody), via monetary counterfeit, to fork over to the already rich.
We see it with bailouts, grants, illegal tax evasion, and most importantly, good old fashioned, bald-faced wealth transferring.
Anybody who tells you that the big scary “capitalism” is what causes inequality in the world, doesn’t know his head from a hole in the wall.
The state is the source of all inequality.