Mogul of Pineapples
- Centurion Member
- Posts: 1271
- Joined: Sun Jun 01, 2008 11:32 pm
- Location: Smogland
Not only that, but the gap between the haves and the have-nots is getting even wider.
The average people like me must deplete our assets to pay for highly inflated living expenses like energy, gas, healthcare, and everything else. The rich on the other hand, this inflation doesn't effect their living expenses much. They instead make more money by buying up the houses and stocks we can no longer afford to own. Once the economy turns around they're that have assets that increase in value, we're the ones left with debt and/or no assets.
This couldn't be demonstrated better than in the financial bailout. That doesn't benefit us, it benefits the wealthy who own those companies.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.
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