Bannon going ham

[Anonymous No.10662001]

http://nymag.com/daily/intelligencer/2018/08/steve-bannon-on-how-2008-planted-the-seed-for-the-trump-presidency.html

Before you ask me to go to /pol/, there's economic discussion in there that I think is pretty relevant.

> Here’s the outrage about it: The balance sheet of the Federal Reserve in September 2008 is about $1 trillion. The balance sheet the day Donald Trump raises his hand, after eight years of the most progressive Democrat in recorded history, is $4.5 trillion. The elites save themselves. They just created money. They flooded the zone with liquidity. If you’re an asset holder, if you owned real estate, stocks, or intellectual property, if you’re an owner, you had the best run in human history, okay?

> If you’re a deplorable, you got fucked. You know why the deplorables are angry? They’re rational human beings. We took away the risk for the wealthy. Look, you have socialism in this country for the very wealthy and for the very poor. And you have a brutal form of Darwinian capitalism for everybody else. You’re one paycheck away from oblivion. Do you think the founders of this country, you think that’s what they wanted to have in the 21st century? Dude, this is fucked up.

> Your generation, the readers of New York Magazine, you’re nothing but 18th-century Russian serfs. You’re better fed, and you’re better dressed, and you’re better educated. But you don’t own anything. And you’re not going to own anything.

[Anonymous No.10662035]

Fucc dump and fucc wyte peepol

[Anonymous No.10662070]

no shit. central banking and debt-backed currency are designed to enrich the issuers of the currency at the expense of people who create real value.
people are reading 'the creature from jekyll island'

[Anonymous No.10662120]

> inb4 QE is printing money discussion
lets see if /biz/ can comprehend fundamental monetary policy and figure out why this dumbfuck is wrong