The Rich are Getting Richer.
The Poor are Getting Poorer.
This class divide causes angst and bad things happen.
Trump blames bad trade deals and the immigrants. The democrats think giving everything like education, healthcare, $15 minimum wage, socialism, etc. is the solution.
But the reason the rich are getting richer and the poor are getting poorer is because the Federal Reserve keeps flooding the market with dollars. Those with assets do well. Those without find it harder and harder to keep up and look for something or someone to blame.
The reason why the Federal Reserve can get away with this is because they claim there is no inflation. And this is because the Bureau of Labor Statistics (BLS) is committing fraud with how they report the Consumer Price Index (CPI).
Democrats and Republicans should join together to end the corrupt practices used to falsely report inflation so real monetary and fiscal policies can be effective.
Until the False BLS numbers are addressed no policy will ever be effective.
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How the CPI is Corrupted
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