Jim Bruce

System is Broken in ‘Money for Nothing: Inside the Federal Reserve’

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CHICAGO – Wealth inequality has never been higher, and much of it has to do with how the Federal Reserve Banks of the United States continues to allow the privatization of financial profits and taxpayer bail-outs (socialism) if these financial industries take a loss. This “too big to fail” equation is a result of policies in “Money for Nothing: Inside the Federal Reserve.”

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