by Ron Paul - Monday July 13, 2020
Federal Reserve Chair Jerome Powell and San Francisco Fed President Mary Daly both recently denied that the Federal Reserve’s policies create economic inequality. Unfortunately for Powell, Daly, and other Fed promoters, a cursory look at the Fed’s operations shows that the central bank is the leading cause of economic inequality.
The Federal Reserve manipulates the money supply by buying and selling government securities. This means that when the Fed decides to pump money into the economy, it does so by putting it in the pockets of wealthy, and oftentimes politically-connected, investors who are able to spend the new money before the Fed’s actions result in widespread inflation. Wealthy individuals also tend to be among the first
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Robert F. Kennedy Jr. On The Record
Thread Starter: PAFRobert F. Kennedy Jr. On the Record RFK has never held office, therefore no voting record exists. The following are interviews, tweets and statements . About Robert F. Kennedy Jr. Robert F. Kennedy Jr. on Rumble
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