The Guardian did an article about this time period being the largest transfer of wealth in recorded history. The transfer, of course, was from the general population to the super rich. GOLLY! what a coincidence!
Remember about a year ago IMF was urging the Fed to raise rates.
Higher rates means higher dollar, higher dollar means more countries need dollar bailouts.
Who is the dollar lender of last resort? With strings attached of course…The IMF
Coincidence? I’ll let you be the judge.
— George Gammon (@GeorgeGammon) May 30, 2022
h/t Design_Bug