Thread: Who Gains Most from Bubbles and Bailouts?

Who Gains Most from Bubbles and Bailouts?

January 4, 2010 by Bob Livingston

Well, yes, the money does come out of the taxpayer’s pocket but in a way that most people don’t recognize. Bubbles and bailouts are not paid for with gold and silver. They are paid for with printing press money, which dilutes your savings and retirement funds.

So who are the heroes of bubbles and bailouts? The short answer is, the money creators. They are presiding over and benefiting from the greatest transfer of wealth in history, with the almost certain guarantee that they will never be found out, because they are operating above the threshold of perceived reality.

I am telling you something that is not taught in any school in America.

Of course we should know that every new dollar that the money creators create dilutes every dollar already created. They are using non-substance fiat that cost them nothing and exchanging it for substance in the form of capital assets. This is a transfer of wealth by definition. This depreciating fiat is impoverishing all who hold dollar assets.

We live in a pro-collectivist, pro-government age. The government can get away with virtually anything if allegedly done in the collective interest of the “public,â€

This is a great little article. Thanks Airborn.

Inflation is not as most people think, increasing prices. Inflation is depreciation of paper money. And the people who do the creating are the ones who benefit.

How far down the rabbit hole should we go?