Friday, May 27, 2016

The figure above shows stock prices (as measured by the S&P 500 Index) along with the Gini coefficient, which represents a measure of income inequality. (A Gini coefficient of 0 means incomes are perfectly equal, and a coefficient of 1 means incomes are perfectly unequal.)
The Federal Reserve Admits
It Is Causing Inequality
"Income inequality in the U.S. started to increase in the 1970s, and stock market gains accompanied this increase, according to a recent Economic Synopses essay. Assistant Vice President and Economist Michael Owyang and Senior Research Associate Hannah Shell noted that increases in stock prices and capital returns may benefit the wealthy more than others, as they have better access to markets. Owyang and Shell concluded: 'The increase in income inequality in the 1970s was accompanied, in part, by gains in the stock market. Comovement between stock prices and income inequality results from the fact that gains in the stock market tend to benefit those in the wealthiest portion of the income distribution, who have better access to and higher participation in these asset markets.'"
- St. Louis Federal Reserve
LINK HERE to the article

2 comments:

Anonymous said...

it is either income inequality or else universal poorness.

Anonymous said...



It’s becoming more apparent on a daily basis that the Federal Reserve is attempting to exert complete control over the markets. The Federal Reserve operates from its NY Fed trading base in conjunction with the U.S. Treasury’s Exchange Stabilization Fund, which operates in the same building as the NY Fed. So much for the notion that the Fed operates independently of the Government.

But it’s not just the markets. It’s becoming more apparent to more people that same cadre of insider elitists who are rigging the stock market also do their best to rig the political process. This is exemplified by the fact that the SEC announced yesterday that it is investigating the accounting methods of Alibaba. This is eyebrow-raising because it’s quite obvious that Alibaba’s chief competitor, Amazon.com, has been engaging in fraudulent accounting practices for over two decades.

Oh, I forgot to mention that Amazon CEO Jeff Bezos owns the Washington Post. This is the perfect political hand grenade with which to threaten the DC politicians and political appointees if they were to start probing around Bezos and his enormous business Ponzi schemes.

http://investmentresearchdynamics.com/john-embry-an-explosive-move-in-silver-will-dwarf-the-move-in-the-late-1970s/