• AllonzeeLV@lemmy.world
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    7 months ago

    As ever, when referencing the economy, they’re referring to private shareholder profits exclusively.

    Their job is to keep making the rich richer full stop. Emergency loans in bad times go to them, under the blatant lie it will eventually be pissed down to you because they’re so benevolent amirite? When inflation makes the value of their dragon hoards decrease, when capital battery workers gain leverage with employers, better incentivize layoffs to keep the cattle in their place.

    The fed exists to work against you. Their metric for a “good economy” is ego scores for our narcissistic owner class going up faster. The fact they did so well by laying off legions of laborers that helped them succeed in the first place is irrelevant, as you don’t qualify as people at all, not with that net worth, peasant.

    https://www.cnbc.com/2021/10/18/the-wealthiest-10percent-of-americans-own-a-record-89percent-of-all-us-stocks.html