Dollar has few friends
Good news in the stock market is typically bad news for the dollar – at least lately. As long as the value of a dollar goes down in terms of actual stuff like food, education, and medicine, the nominal value of equities and other assets can rise.
So although you get less stuff for your paycheck, stocks continue to rise.
This, my fellow Americans, is why the rich get richer and the poor get poorer.
If you own stocks of politically backed companies, you literally cannot lose. If you do not own these stocks and are not receiving annual raises that match the growth of the money supply, you cannot win. When politicians rush to “save the system,” they’re spending your money to make sure this master and servant economic relationship stays in tact.
Who says the poor instigate class warfare? Mass revolutions are always a last resort – a reactionary event against increasingly cruel and greedy elites.
All experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed…