What’s the Primary Cause of Wealth Inequality? Financialization

By March 26, 2014Bitcoin Business
Click here to view original web page at bitcoinwarrior.net

What’s the Primary Cause of Wealth Inequality? Financialization


What’s the Primary Cause of Wealth Inequality? Financialization

When the profits from financializing collateral and leveraging those bets to the hilt far exceed generating wealth by creating products and services, the economy is soon hollowed out as the perverse incentives of financialization start driving every…

 

"

New York Fed Research Shows Too-Big-To-Fail Funding Advantage

The Independent Community Bankers of America® (ICBA) released this statement on Federal Reserve Bank of New York reports (http://www.ny.frb.org/newsevents/news/research/2014/rp140325.html) released today showing that the nation’s largest banks enjoy…

 

"

Leave a Reply

All Today's Crypto News In One Place