Mark Spitznagel Slams The Fed For Creating The Rich-Poor “Chasm”

Friday, December 13, 2013
By Paul Martin

by Tyler Durden
ZeroHedge.com
12/13/2013

A major issue is the growing disparity between rich and poor, the 1% versus the 99%. While the president’s solutions differ from Republicans, they both ignore a principal source of this growing disparity. The source is not runaway entrepreneurial capitalism, which rewards those who best serve the consumer in product and price. (Would we really want it any other way?) There is another force that has turned a natural divide into a chasm… dun, dun, dun… the Federal Reserve. The relentless expansion of credit by the Fed creates artificial disparities based on political privilege and economic power.

The Rest…HERE

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