- *FISHER SAYS FED POLICIES HAVE MADE THE RICH 'MUCH RICHER' (but...)
- *FISHER: UNCLEAR IF FED POLICIES WILL BENEFIT THE MIDDLE-CLASS
All of this, of course, coincides awkwardly with Bernanke's heartfelt "admission" that "my natural inclinations, even if it weren’t for the legal mandate, would be to try to help the average person." As long as helped to boost the wealth of the non-average billionaire., all is forgiven. "The result was there are still many people after the crisis who still feel that it was unfair that some companies got helped and small banks and small business and average families didn’t get direct help,” Bernanke said. “It’s a hard perception to break." The truth, as again revealed by Fisher, will not help with breaking that perception.
Remember, it's for Main Street...
US Income Gap Soars To Widest Since "Roaring 20s"
Record US Income Inequality In One Chart
(Click link below to read more)
READ MORE Sphere: Related Content