Blame the Fed, according to the Mises Institute. More or less, the path the Fed uses to "stimulate" the economy is to artificially inflate the value of securities held by the rich, and the inflation of the currency simultaneously makes the earnings of the middle class and poor worth less.
All too often, the "solution" is the problem.
Fishy
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Joe Doakes, formerly of Como Park, emails: From Powerline: Something
strange has been happening with jobless claims numbers lately Calling the
state of the...
1 hour ago
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