“Central Banks Made the Rich Richer” – and here is a simple ‘fix’ to level things back out (which does not involve redistribution..)

Central Banks ‘padded’ the coffers of Wall Streets financiers with trillions of dollars in bailout funds, emergency loans, credit guarantees, and discount window liquidity access during the 2008-2010 global economic crisis.

They showered the very ‘players’ who blew up their own balance sheets with leveraged speculation schemes with trillions of dollars in liquidity.

Meanwhile on main street, millions of Americans lost jobs… and with 14 million real estate foreclosures (2008 – 2012), millions lost their homes.


Financial Times: “Central Banks have made the rich richer”

Quantitative easing, as this policy is known, has bailed out bonus-happy banks and made the rich richer. 


Banks have been the biggest beneficiaries, with their 20- or 30-times leveraged balance sheets. Asset managers and hedge funds have benefited, too. Owners of property have made out like bandits. In fact, anyone with assets has grown much richer. All of us who work in financial markets owe a debt to QE.


There is a very simple ‘fix’ to this liquidity imbalance. 

Grant U.S. citizens the same access to liquidity that was granted to the likes of Morgan Stanley, Bank of America, Citigroup, Goldman Sachs, JP Morgan Chase, State Street, Wells Fargo, UBS, Barclays, Deutschebank… and others.

There is one plan that levels the playing field back out:

The Leviticus 25 Plan 2015 –  $70,000 per U.S. citizen                                                  The Leviticus 25 Plan 2015 (1143)





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