A Confession: What Central Banks are REALLY doing - - -
Ex FEDERAL RESERVE board member Kevin Warsh explains that Central banks increase prices and redistribute wealth to the rich & from the prudent to the imprudent. --CNBC, March 5, 2013 ~1min
That's "What Central Banks are REALLY doing - - -" As a result, progressives such as Robert Reich are beginning to nail the banker/government axis as "reverse Robin Hood."
Labels: central planning, economics, fascism, FED, Federal Reserve, fiat money, government, Keynesianism, megabyte money, military Keynesianism, redistribution, Reverse Robin Hood, unintended consequences
posted by L. Reichard White at 4:31 AM
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