(Era of Light)
America’s billionaires saw their combined net worth soar by $434 billion between March 18 and May 19 while the coronavirus pandemic killed tens of thousands of people and ravaged the U.S. economy, forcing more than 30 million out of work.
That’s according to a new analysis released Thursday by Americans for Tax Fairness (ATF) and the Institute for Policy Studies (IPS) titled “Tale of Two Crises: Billionaires Gain as Workers Feel Pandemic Pain.” ⇲
Read more via Richest Americans Have Added $434 Billion To Their Wealth Since Crisis Hit — Era of Light
Lack of logical foundation President Richard M. Nixon announced on August 15, 1971, that the U.S. would no longer officially exchange dollars for gold and many are still referring to that decision as one of the biggest mistakes ever. Nixon, for one, thought gold-price stability was bogus. It has since become clear why he went…Read more & video
via The Monetary System is Collapsing — Era of Light