Bernanke is helping the rich# Stock
s*t
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Rich people own much more stock and real estate assets than average Joe.
By pushing up stock market and housing market, the rich becomes much
richer. It far more outpaces the increase of wealth seen by average Joe.
Bernanke is the best friend of Billionares. Middle class is the biggest
loser. Especially lower end middle class, who are not eligible for
welfare, will see only very slight increase of wealth which will be
out numbered by the increase of living cost. They will not
afford sky rocketing college tuition fee and rent for their kids.
By pushing up stock market and housing market, the rich becomes much
richer. It far more outpaces the increase of wealth seen by average Joe.
Bernanke is the best friend of Billionares. Middle class is the biggest
loser. Especially lower end middle class, who are not eligible for
welfare, will see only very slight increase of wealth which will be
out numbered by the increase of living cost. They will not
afford sky rocketing college tuition fee and rent for their kids.