socialism for the rich: The government buys back vast quantities - TopicsExpress

socialism for the rich: The government buys back vast quantities of its own debts from the financial services organisations that currently own it and they in turn use their new found cash to trade and speculate in ways that firstly makes a lot of money for bankers and their friends and secondly that increases the wealth of the already well off. -QE as practiced by central bankers is a way of making sure bankers have never had it so good, all at cost to the state and the rest of us. see also: taxresearch.org.uk/Blog/2015/01/18/money-no-obstacle-for-europe-green-qe-and-fair-tax-funded-infrastructure-can-replace-austeritys-road-to-ruin/

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