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Unfair distribution of wealth


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2010 May 28, 6:47am   11,301 views  89 comments

by Honest Abe   ➕follow (1)   💰tip   ignore  

It is paper money, created out of thin air that creates the unfair distribution of wealth that is making the middle class fall behind and the poor more poor. Newly created money, and credit in a paper money system benefits those that can access the money first and buy capital goods and real property at one price before the new money circulates and makes all prices go up. Wages do not keep up with inflation and that creates yet another squeeze on the middle class.

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88   elliemae   2010 Jun 14, 4:36pm  

RayAmerica says

Ellie “infantile?”

I think it's cute the way you write my name and add to it every time.

89   Honest Abe   2010 Jun 15, 4:30am  

Free enterprise embodies the values that made us the greatest nation on earth. Values such as individual liberty, equal opportunity, entrepreneurship, and self-reliance.

Unfair distribution of wealth is caused by government distortion of the free market. Indeed the recent economic crisis has further distorted our values and given a small minority who oppose freedom and free enterprise a pretext for making sweeping social(istic) change. Change which includes expanding bureaucracies, increasing income redistribution, less freedom, the loss of individual rights, more taxes, and government controlled corporations...not a pretty picture.

HOPE and CHANGE is really doublespeak for HOPE and CHAINS.

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