Weekends: The Class Path to Racial Liberation w/ Adaner Usmani
Jacobin Radio
00:00
The Federal Reserve Is Not a Body That Is Democratically Appointed
When the fed prints money, it essentially engages in an extreme form of trickle down economics. Private equity firms use the money to invest in assets like real estate. The federal reserve is not a body that is democratically elected. Many years of easy money policies by the federal reserve have been rocket fuel for carlyle group. It funds their ambitious takeover plans and even funds their pay checks directly.
Play episode from 56:18
Transcript
