How The Rich Screwed America

Some observations by Bill Bonner:

The insiders use fake money – the post-1971 dollar – to transfer wealth and power from the people who earn it to themselves. It is as though they loaded up the train in Newark and Trenton ... and shipped everything to Washington.

You earn real money by making real things and providing real services. But fake money is different. You don’t earn it by adding to the world’s wealth.

You get it by subtracting from it ... that is, by borrowing from future output.

Real money is not controlled by anyone. It is earned – freely – in win-win exchanges. Back in the 1950s and 1960s, it ended up in places like East Baltimore and Trenton because they used to make things people wanted.

But fake money takes a different route. It is created by the insiders ... and controlled by them. It goes where they want it to go.

You can read the rest @
http://www.internationalman.com//articles/how-the-deep-state-squeezed-americas-wealth