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https://youtu.be/EpMLAQbSYAw
PBS, Frontline: Age of Easy Money

 

How many people would understand "What Bank run really means"?

How many people would know how the bond price goes up and down?

How many people would notice when the interest rate goes up, the stock price 

goes down? 

 

The majority of people don't know. They don't even care because they don't

own them. 

 

The easy money that Federal Reserve Board poured into the economy 

widened income inequality so badly that made the middle class disappear. 

 

America is becoming a country with the rich and the poor. There is no middle class. 

"If you walk into a bar, you will find 3 guys who make 60,000 dollars a year and 

one zillion-dollar rich guy." (quoted in the documentary). 

I think a couple who work in Wallmart will make 60,000 dollars a year. 

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