The Devil Neither Political Party Will Name
May 25, 2026 – Submitted by QTR’s Fringe Finance
Excerpt:
The widening wealth inequality gap is the political third rail nobody in power truly ever wants to touch.
Politicians will scream at each other all day over taxes, healthcare, immigration, tariffs, student loans, climate policy, or whatever outrage is currently driving engagement on cable news and social media. But the second the conversation turns toward monetary policy, toward the machinery of money creation itself, the room suddenly gets very quiet.
That’s because monetary policy has quietly become the single most powerful force reshaping wealth distribution in modern America. And unlike the endless partisan theater surrounding fiscal policy, monetary intervention oddly enjoys remarkable bipartisan support.
Republicans and Democrats may pretend to be existential enemies on television, but when it comes to flooding the financial system with dollars, both parties reliably fall into line. And that support is precisely why this topic is politically radioactive: once people understand how the system works, the illusion of two competing economic ideologies starts to collapse. Republicans want less spending, Democrats want higher taxes…but both parties want the Fed to keep printing dollars.
Since the early 2000s, and especially after 2008 and the COVID era, America has effectively entered a permanent regime of monetary intervention. Quantitative easing, near-zero interest rates, endless debt monetization, emergency lending facilities, and the mainstream acceptance of Modern Monetary Theory-adjacent thinking have fundamentally altered the structure of markets beyond recognition.
When Ben Bernanke first rolled out quantitative easing during the 2008 financial crisis, Americans were repeatedly assured it was a temporary emergency measure. Bernanke described the programs as targeted interventions designed to stabilize markets and support recovery, not permanently redefine the financial system.
QE1 was supposed to calm panic. Then came QE2. Then Operation Twist. Then QE3 became effectively open-ended, with the Fed purchasing tens of billions in bonds every month indefinitely. What began as a supposedly temporary crisis tool metastasized into a permanent feature of the modern economy. And every subsequent crisis only justified bigger interventions: larger balance sheets, lower rates, more liquidity, more market dependence on central bank support.
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Federal Reserve monetary interventions (“Quantitative easing, near-zero interest rates, endless debt monetization, emergency lending facilities, and the mainstream acceptance of Modern Monetary Theory-adjacent thinking”) have indisputably favored Wall Street’s principal actors, and they have done so in grand fashion.
When insurance behemoth AIG collapsed during the 2008 financial crisis under the weight of their Financial Products division’s wild Credit Default Swap (CDS) gambling spree, the Federal Reserve Bank of New York and the U.S. Treasury Department stepped in to orchestrate their infamous $182 billion AIG bailout.
AIG had sold $440 billion of this ‘worthless CDS crap’ to various banks (like Goldman and the French multinational investment bank, Société Générale)… a large portion of which the “taxpayer ended up having to eat.”
AIG was taken over by the government in September 2008, and instead of the normal course of bankruptcy-arbitration, the government saw to it that “Goldman was paid 100 cents on the dollar on an additional $12.9 billion it was owed by AIG…”
Meanwhile, 8.7 million Americans lost their jobs (2008-2012), the national unemployment rate soared to 10%, and 6 million households lost their jobs.
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The Leviticus 25 Plan – An Economic Acceleration Plan for America
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