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Everything people like Summers do is intended to impoverish workers and enrich owners. That's their goal; it's not a mistake. But there is demand-side inflation too -- from the trillions of dollars the Fed has poured into Wall Street since the 2008 crash. This unearned money going to the Black Rocks and Goldman Sachs of the world is now fueling the skyrocketing inflation in real estate prices. Real estate prices, like energy costs, drive the cost of everything in the economy. Whatever your business, you have to pay for the energy and for the place you do it. When people ignore those trillions and instead blame a $1400 stimulus check for workers, I want to scream. We're already at poverty levels not seen since the 30s. And it's getting worse.

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David Spero RN
David Spero RN

Written by David Spero RN

Alive in this place and time to help Make Earth Sacred Again. Write about Nature, economics, health, politics, and spirit from Earths point of view.

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