jon on Nostr: Never forget: During the 2008 financial crisis the US government bailed out large ...
Never forget:
During the 2008 financial crisis the US government bailed out large corporations like AIG, Citigroup, and Bank Of America.
1. These bailouts were paid for by taxpayer money.
2. They disproportionately protected the interests of the wealthy while leaving others to bear most of the burden.
3. The manipulation of the money supply by governments, essential banks exacerbates the problem of wealth inequality.
4. Inflation poses significant threats to the value of money in a fiat system, often disproportionately affecting the middle and lower class.
#DontTrustVerify
Check out this cool lesson from #Yzer!
Download @Get_Yzer now! Use the referral code AUVQYLM and earn sats.
Play Store: https://play.google.com/store/apps/details?id=io.wizzer.academy
App Store: https://apps.apple.com/ch/app/yzer-learn-bitcoin-finance/id6443545393
During the 2008 financial crisis the US government bailed out large corporations like AIG, Citigroup, and Bank Of America.
1. These bailouts were paid for by taxpayer money.
2. They disproportionately protected the interests of the wealthy while leaving others to bear most of the burden.
3. The manipulation of the money supply by governments, essential banks exacerbates the problem of wealth inequality.
4. Inflation poses significant threats to the value of money in a fiat system, often disproportionately affecting the middle and lower class.
#DontTrustVerify
Check out this cool lesson from #Yzer!
Download @Get_Yzer now! Use the referral code AUVQYLM and earn sats.
Play Store: https://play.google.com/store/apps/details?id=io.wizzer.academy
App Store: https://apps.apple.com/ch/app/yzer-learn-bitcoin-finance/id6443545393