A widening wealth gap, increasing debt levels and growing civil unrest. Are more people getting fed up with the Fed?
Editor’s Note: We haven’t used disclaimers and warnings in some time, but this one has some explicit language in it which some people may find offensive.
Jason Burack of Wall St for Main St interviewed returning guest, options trader, Seeking Alpha article writer and host of the popular QTR podcast https://quoththeraven.podbean.com/, Christopher Irons.
During this hour+ long interview Jason asks Chris about the growing wealth gap and increasing debt levels in society. Chris talks about the unconventional monetary policy the Ben Bernanke and the Federal Reserve decided to do in 2008-2009 and how it has made the lives of many Americans on Main St a lot worse since 2008.
Jason also asks Chris about the 2 Democrat debates this week and the tens of trillions of dollars worth of spending promises many Democrat candidates made including pay for healthcare and college tuition for illegal immigrants when there’s massive amounts of homeless Americans living on the streets in Seattle, San Francisco, LA, San Diego and in Orange County, California who are not being taken care of.
Jason and Chris talk about growing civil unrest in American society, modern monetary theory (MMT) and also the craziness of Tesla Motors and the new game that the company seems to be playing be intentionally leaking internal emails to pro-Tesla mainstream media financial “journalists.”
To wrap up the interview, Jason asks Chris about gold and Overstock.com
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