This is what happens when you create an ever more unequal society by squeezing low income families with inflation while goosing the asset prices of the top 10% who own 89% of stocks.

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The WSJ and NYT Censor Yet Another Major News Story on the Fed and the Mega Banks It Supervises

On October 13, Wall Street On Parade broke the story that the Federal Reserve had quietly released the names of the mega banks that had grabbed tens of billions of dollars of repo loans under the Fed’s emergency repo loan operations that began on September 17, 2019 – months before there was a COVID-19 case in the U.S. or anywhere else in the world.

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Governments Love Inflation, and They Won’t Do Anything to Stop It

No government looking to massively expand its size in the economy and monetize a soaring deficit is going to act against rising prices, despite claiming the opposite.

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